EME stated that TCE had already put down one well on the secondaries in block A, and now they are about to spud a second well. which makes it the third well on the play..
Not one jvp has said the well about to spud is not connected to the same play, now this well is obviously some distance from the Sl play, which makes the secondaries a massive size play in its own right..
The next well is therfor the third well do go into this play, i agree that in july there will be a lot of data and lot of interest from all holders on what they have there.
I gather from EME's short announcement a while back that the next well is about to spud in the very near future. has anyone heard when it will go?
With NT already connected into the gas pipeline, and about to produce, and the third well about to spud on the sl play, plus next months testing at Sl, i struggle to see any downside..
only a few more sleeps and its all going to happen i think!
when i look back to the first days of adi when i began backing this puppy i dont have any problem in waiting a few more days weeks or months.. its only going one way in my books..
good luck to all holders.. and have a great weekend..
ADI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)