JKA 0.00% 0.3¢ jacka resources limited

The well could be suspended for a very long time.Terrible result...

  1. 6,650 Posts.
    The well could be suspended for a very long time.

    Terrible result as it is a no result. We already knew the structure has oil but it appears that the matrix bulk rock has zero oil content, all the oil in the fracture and we are no closer in knowing if it can produce at commercial rates for the length of time required to payback the well cost.

    So far there have been three wells drilled for zero commercial result.

    As for Jka back to the drawing board for them
 
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