Hi Vanilla Gorilla and Mistview
Basically it was just a progress report that says what depth they are at. Progress might be being held up by the cyclone, but that was not mentioned. The rest is an overview of the Crux opportunity. Gav a bit of info that I think has been previously mentioned about the location etc. What I am interested in is what will happen to the SP with a successful appraisal. I would not be surprised to see the SP go up around 20-50cents if they announce they have found what they expected ie. appropriately condensate saturated gas.
There is always risk with these sorts of drilling activities and so many will be waiting on the sidelines. But I am hoping/expecting them to get on board after a successful well.
regards
DF
Hi Vanilla Gorilla and MistviewBasically it was just a progress...
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