it seems their plans re timing have changed, either by choice or by necessity. The fact that the share price is holding up and slightly increasing gives me hope that there has not been some form of technical glitch, for example broken tubing or delay in obtaining equipment. The well was completed in early February. After reading the releases regarding the 3 Santos wells there seems to be substantial increase in flow by shutting in after installation of production tubing. If time is on their side the headline number should be significantly better. If this is the plan the number should be outstanding. Even the first vertical well demonstrated this. Hopefully the time delay is intentional.
TBN Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
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