ADX 0.00% 13.5¢ adx energy ltd

interesting notes from xst, page-13

  1. 4,724 Posts.
    LOL

    Are you saying that because the birsa was listed "1st" target it is the "primary" target? Please tell me you're not...

    "1st" would refer to the order in which each target would be encountered as the drill heads downward? Pretty hard to have the Aboid as the "1st" target unless we are drilling from earth cores out!?

    If you read the releases over time, you will find that the birsa is the least likely to contain hydrocarbons as was the case in the nearest well "dougga"...

    The main discovery in the "dougga" well being the aboid, and hence, this is the "primary" target for this well...

    Dougga is being used as a bit of template for the likely hood of each target containing hydrocarbons, given its the closest well to date...sounds sensible no?

    Don't need to be a horse whisperer to work it out..

    cheers.
 
watchlist Created with Sketch. Add ADX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.