todays announcement clears it up..
simple in its concept, frac the primary and on the off chance it doesnt work, they go to plan B, frac all the secondaries!!
So they will frac and flow test the primary, then put it on production.. and if no success in the primary then a longer stay and they go for the secondary. but its clear they only will continue on fracing only if they have to.
sounding like they have a bit of confidence in the primary, a little bullish still.. they cant give any straight answer on the fracing and flow testing of the secondaries in any way until they get the primary finished with.. man that is one beautiful well..
says to me the well will become a production well immediately, in the near term and within weeks, on successful fracing of the primary!
at last, ADI at the verge of becoming a producer, and what a way to start!! looking forward to news on NT in the near term also. they must be coming close..
todays announcement clears it up..simple in its concept, frac...
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| DXI (ASX) Chart |