MAE 0.00% 0.0¢ marion energy limited

The most recent announcement stated that the newest wells (cased...

  1. 7,809 Posts.
    The most recent announcement stated that the newest wells (cased and spudded) will only have their flow rates released when they are "producing" at stable levels . IMO, that is prudent and unhyped . BUT, they also sund very confident that they have tapped into another high flow well for Clear Creek .

    Connection is one thing and I'd say that has been done by now as stated in the recent interview . So now the only possible thing to do before MAE production en masse is stress testing of the new connections. Once that is done .......revenue en masse .

    This is not just a short term trade . I suspect very good gains with time . Clear Creek has potential for hundreds of wells .
 
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