AZZ antares energy limited

nihilisnA little research here: The 200M$ is for approx 100...

  1. 2,490 Posts.
    nihilisn

    A little research here: The 200M$ is for approx 100 wells,
    ie each well costs approx 2M$. These wells could/will take 3 yrs to drill.

    Most of the info in the announ was been in recent announs. Just a bit more updated.

    The "big" news was that Northern Satr has commercial amounts of oil, so far. I think we need a few more wells before we can really put some 3P to this acreage. Then some 2P and 1P.

    They have plans to drill 2 more wells (Northern Satr)this yr and 3 in total at Big Star.

    Good announ yes - big or massive - not really.

 
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