ADX 1.02% 9.7¢ adx energy ltd

chart ssailor, page-37

  1. 1,170 Posts.
    First off I need to say I am NO expert in the O&G space and have only learnt from a few articules and some people on HC who say they have knowledge on O&G.

    My understanding is that what we are drilling at SD is oil being held within a tight rock structure and as such is not a fracturing or horrizontal drill play. Isn't fracturing used as a method to release oil from rock formations such as shale.

    From my very limitedunderstanding is we are looking for the oil to either lift under its own pressure or to be pumped in some form.

    I hold VIL
 
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