is it commercial

key points from re reading the last announcement i feel helps re assure it already is a commercial well these are:-
Prelimainary results NOT Final results
Cane Creek not tested Gas shows over 56' feet
Hydrocarbons are produced in the basin with similar porosities
Fracturing is possible to assist in flow
Alkali Gulch major gas interval
Potential exists in other zones though more extensive tests required on completion of the hole
Dont you think if they thought it was not viable they would plug it and walk away
These wireline logs were never going to tell you the volume and this is all the market wanted to see, that explains the decline in the stock in my opinion only
The directors cant say that it is commercial on their announcements to the asx because unless they have definate proof that it is they arte held reliable, but think about what does 40 years experience give you in any field regardless of profession, it is that hunch that you know you r right that is why u cannot buy experience
I didnt see Sciano or Hasleby take all their stake

dyor

these are my opinions and just that