BYE byron energy limited
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SM69 E2 Well, page-11

  1. stumpytrunks
    6,694 Posts.
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    12/08/21
    09:29
    Post #: 55223840
    In a nutshell, a development well is seen as lower risk than exploration.

    "A development well is drilled after an area has been proven to hold oil or gas reserves and is typically the final phase of the oil drilling process. An exploratory well is an effort to determine if oil or gas reserves are present."
    BYE Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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