FDR finder energy holdings limited

Fundamentals and General Discussion, page-7

  1. 2,207 Posts.
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    Just looking at the NOPTA website and I tend to agree they will need to start drilling within the next 10 days with expiry of the current permit on the 9/6/22 which is going to be tight , if it is 30 day drill time not including rig down time or bad weather ?

    They have a current application in to extend the permit but it is still pending with RFI

    I am not 100% sure but I don’t think they can run past the expiry date even with application pending a Suspension extension

    So we could get a Ann later today or Monday and that may reflect the current volumes

    However for me I am happy to wait for the permit extension approval so not to rush the drill or risk having to stop drilling should they exceed the permit expiry date due to bad weather or down time


    https://hotcopper.com.au/data/attachments/4301/4301149-1be2b9c7c3bfde213923301af42c8c4c.jpghttps://hotcopper.com.au/data/attachments/4301/4301152-154d75070da972168472f8656a85f194.jpg
 
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