XST 0.00% 0.9¢ xstate resources limited

Dempsey 1 TCF gas well, page-2

  1. 4,548 Posts.
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    yes, downside is limited as it will flow gas from the shallow formations even if the deep gas fails for one reason or another, so its a limited risk, which is good for a first attempt.

    The reality is Dempsey is a dress rehearsal and Alvares is the main event, and XST have 25% of Alvares..... I would recommend investors read the DOGGR logs from 1982, it demonstrates the technical challenge and the commercial opportunity of Alvares, again I hope that SGC have a top notch drilling contractor .... DYOR
 
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