If you are going to invest in the unconventional oil and gas sector then having a well flowing above expectations in what is considered a sweet spot in the EFS plus also having a good JV partner intent on accelerating the drilllng because of that is as good as it gets.
Been keeping well clear of the un conventional sector but the above has got me taking a small long term position.
Depletion kills these small companies so Accelerated drilling needs to be followed by continuous drilling and with the HC as JV partner this has a real chance to happen.
Looking forward to see how they finance this but they are obviously on the case.
Cheers Whisky
- Forums
- ASX - By Stock
- potential billion dollar company
If you are going to invest in the unconventional oil and gas...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)