AZZ 0.00% $7.50 antares energy limited

Agentm, in about 9 days time hopefully I will have a lot more...

  1. 709 Posts.
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    Agentm,
    in about 9 days time hopefully I will have a lot more answers.

    In my mind to increase their w/i in this current well and the sorounding 1280 acres plus pay 75% of the costs for the lateral/frac etc will cost antares $4m+.

    Now thats about 1/3 of their current capital raising.

    All I can say is they must be confident.

    Richard Elliott a former director of arc energy has entensive experience in the oil/gas industry.

    James has a strong background in finance.(ceo)

    Lets hope hes good at raising cash as they are going to need a whole pile of it.

    All the best.
 
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