WCL 0.00% 39.5¢ westside corporation limited

hey agl - wcl can supply you with some gas, page-9

  1. 2,616 Posts.
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    Are WCL's extraction costs low?

    Several of Meridian’s new high-performance
    dual-lateral wells, which had been taken
    off line during the previous quarter for
    work-overs, were placed back on pump.
    Production recovery from these wells
    has been disappointingly slow as water
    levels drop gradually, with some requiring
    additional work-overs


    If they need to workover holes on a regular basis then the value to an acquirer will be at the lower end. The quality of the field IMO is actually very important.
 
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