The risk involved in this stock is showing. If they dont hit gas here, it is hard to see how they can survive. If they have hit gas they have 2 free carry wells and an excellent commercial field holding multiple recoverable TCF's.
So this explains the nervousness of holders, if the logs show good recoverable gas then it is going to shoot off. But until then we only have the ambiguous LWD ann to go off - which is why people are outta here.
Pure Risk at play today
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The risk involved in this stock is showing. If they dont hit gas...
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