ADX 0.00% 9.8¢ adx energy ltd

If it needs flow tests to confirm whether it's commercial rate,...

  1. 143 Posts.
    If it needs flow tests to confirm whether it's commercial rate, sounds not promising at all.

    Normally, the oil drilling reports contain "strong gas flow" xx meter net gas pay, "strong oil flow" "xx-xxx meter oil bearing sand intercepted" "sealed due to the strong flow" means very positive.

    But so far ADX didnot indicate any positive Tone for the actual oil flow, in contrast, ADX did some chemical tests to know---oh, it's live crude oil. Sounds a bit strange.


    However, still hard to tell, but normally, should be below commercial flow rate , or just touching the minimum rate(20-50bblpd). Hope ADX can suprise us with 100bblpd results.
 
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