AJQ armour energy limited

"Myrtle Basin 1 Vertical Well Spudded..help needed"this forum...

  1. 37,286 Posts.
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    "Myrtle Basin 1 Vertical Well Spudded..help needed"

    this forum has W.K.F.E

    I've read a number of announcements & quarterly reports.

    can anyone now tell me whether the above "Myrtle Basin 1 Vertical Well".

    1) IS JUST A EXPLORATION WELL..????

    2) IS A FUTURE PRODUCING WELL..????

    it's being drilled by a very flimsy drilling rig.

    it's only a vertical well..

    it's also testing "shale formation". which begs the question "how much knowledge will be gained without doing a lateral well"..??

    it's my impression that " a lot of people think they know what's going on, which the real truth know very little".

    just look at what happened the other day with announcement dated 19/9.

    E2..it was pretty much ""what the"". we don't have a future producing well"..????

    I ask the question "what amount of information can be gained from this...hmmmm ordinary well bore".????

    just tell me "when will they actually drill a future producing well"..????

    that's the 64K$ question..

    i'm feeling slightly What In the Friggin Hell am I doing.

    ....
 
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