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35.5¢ warrego energy limited

More wells needed buddy

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LTD078

526 Posts.

46

22/10/19

09:33

Post #: 41000845
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Originally posted by rexsh: ↑

LTD,
Waitsia was discovered by mistake. It took a few wells to realise that they had found and proven the kingia high cliff sequence.

WE-2 was expected to prove that the Kingia / High-cliff play was extensive over the Dandaragan trough region and that Waitsia wasn't a one-off.
It has worked out to be exactly that and therefore it doesn't need multiple wells to convince potential suitors that it is a real, and extensive, play.

Waitsia was the pioneering wells. WE-2 is the proof of it extensive nature.

It wont need multiple wells to convince a predator

IMO

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More wells needed buddy

WGO Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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