VIL 0.00% 1.6¢ verus investments limited

Main part:"Gulfsands is pleased to report that ADX Energy...

  1. 942 Posts.
    Main part:
    "Gulfsands is pleased to report that ADX Energy Limited ("ADX"), operator of the Chorbane Licence onshore Tunisia, has completed the final safety and operational audits of the drilling rig and related equipment that will be used during the upcoming production testing programme on the Sidi Dhaher No. 1 well ("SDHR-1").

    Operations are now scheduled to commence on Thursday, 31st May with the drilling out of the first of the safety plugs that had been installed to secure the well.

    As the testing programme is taking place in a well that has previously been cased and suspended in anticipation of a subsequent production test, this will be a multi-stage operation with expected time duration of approximately three weeks."

    If they expect 3 weeks to get results then we may have to wait a couple of weeks before the sp moves!!!!
 
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