T-Shirt, glad to see someone is maintaining a voice of reason. I agree this is a great step forward - but the flow rates will be the big kicker.
Nothing is yet commercial - but at least we have: 1. A well at TD! 2. Four zones of real interest which appears to be in line with pre-drill volumes (in place!!)
Now we need: 1. Good flow rate 2. Need CO2 to be at a manageable %
Half way there then I guess!
I think a mid 30's finish today will be a good result.
NEN Price at posting:
32.5¢ Sentiment: Hold Disclosure: Held