As I thought Sentia. Ive seen step out wells 200m from conventional producers come up dry.
So assume the same is possible in shale drilling.
wouldnt mind if someone had a difinitive answer.
I guess thats why they need to do vertical test wells before going to the more expensive Horizontals.
Prove whats their then maximise production, certainly if this well is as good as the first appears to be, we will have struck a much sort after sweet spot and the rerate could be very profitable
GGP Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held