PCL 4.55% 2.1¢ pancontinental energy nl

plugged and abandonded

  1. 493 Posts.
    I have been through a few of these roller coaster rides and just want to relay that the term "Plugged and Abandoned" does not mean that the well is a dud. It simply means that it is plugged for re-entry at a later date.

    Sorry I don't mean to be patronising but when Hardman used this term the stock plummeted just like we are seeing today only to recover when people realised that the well was a huge success and yes Hardman was initially "Plugged and Abandoned".
 
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