are you the guy who said previously these wells are 50 years old? if it was you are they 50 yrs old? because if they are they wouldn’t pass pressure testing that easily!! just curious that’s all! from my experience in wells all i know is when a well is tested for well integrity tests the firm doing the testing either gives clearance or say not doable! i am not a holder but keen on phoenix and have not seen any update you mentioned. so keen to know whether in your update did they mention the wells are cleared for flow testing. If a well is cleared for flow testing it’s great news as they must have done extreme pressure testing. usually wells need some ongoing casing maintenance and regular well cleaning once in a while. If they are cleared that means the casing n pressure testing is cleared. that means no major costs or time consuming repairs etc just minor patching. as I am keen to buy shares after jorc let me know those 2 things mate are they 50yrs old n are they cleared for flow testing. cheers.
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