"The directors of Red Sky Energy Limited (?Red Sky? or ?the Company?) are pleased to advise that the heavy rains have abated and spudding of its first well in the Clarence Moreton Basin is now expected to occur on Tuesday
12th October."
I can assure you that the heavy rain has NOT abated, lets see if we spud tomorrow? My guess is no, purely based on the rain we received over the weekend and current ground conditions in the area. Happy to be wrong.
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