Ann: Wilcox Update - Heintschel 1 flows gas on in, page-30

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  1. 7,874 Posts.
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    re: Ann: Wilcox Update - Heintschel 1 flows g...
    i'm not missing the point shareboy there are some here talking doom and gloom because they had trouble on one well,
    its not a one well company, the h#1 is three times better than they thought 1-1.4 mmcf from only 4ft un fraced with 255ft to go i know it hasnt been proved commercial i'm not that silly to say it is,what i'm say is give them a chance to prove it flows first before knocking them.

    also bear in mind all wells are prepaid, sure there going to have cap raise what else can do...shut the door ? of cause not.
    if they can prove up the wells..... well that gives them other options to raise money.

    shareboy i know youve been around for while and you know how the oil&gas goes, nothings is certain so dont throw the baby out with the bath water just yet.

    cheers
 
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