Great announcment! And pretty much as we have expected.
The key points IMHO...
1. "additional fracture stimulation program on the untested gas sand zones 7 and 8, which is set to commence in early September"
2. "A successful squeeze would achieve water free, gas production rates from frac zones 3 to 6 inclusive.
AND what makes this a great medium to long term hold...
3. "For future Warro wells similar communication with such water sources can be avoided by not drilling or fracture stimulating in or near any existing natural fracture systems."
We just need a little more patients but this WILL pay off IMHO! I will continue to top up on the dips.
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