PYM pryme energy limited

total depth and logging .... ann. soon?, page-4

  1. 590 Posts.
    From the announcement today:

    'Logging has confirmed the full section of the Austin Chalk formation as interpreted from the mud log and the 3D seismic survey. Several other formations of interest will be evaluated in due course'

    This says that the logging backs up the 3D seismic survey- which means that everything is as expected and the 1P reserves of 600,000 bbls net to PYM from this single well are a much greater certainty.

    Also there are other formations of interest that are worth investigating.

    this is certainly one to hold
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.