FDM
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0.00% 1.1¢ freedom oil and gas ltd

Cheers Nando. To the best of my knowledge, most salt dome wells...

  1. pcaruso.
    2,257 Posts.
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    12/04/14
    11:38
    Post #: 13244464
    Cheers Nando. To the best of my knowledge, most salt dome wells aren't gushers - they typically stabilise at production rates of 10-15 bopd, so I'm not holding the stock on the expectation that they will be drilling "gushers". I'll give Yeager until September but if MAD turns out to be a total dud, I'm happy to wear the consequences/loss.
    FDM Price at posting: 29.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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