I've got faith in Sugarloaf but agree a couple of posters may be expecting a little too much from reserves & flow rates....
Still....Sugar worth the punt imo.....Three zones to test & best intercept will be last tested, so, any success on the lower zones should start the run......
Hopefully the fraccing is successful.....we could use a good spurt.
Holding a fair few EKAO's myself ...Traded ADI quite well so far, but not currently holding. Will be getting back in prior to shallow intercept results...
Hopefully the company is a little more transparent in what they actually think about the results & future prospects of the ground this time. $70-$80 dollar oil.....Wouldn't it be nice for a bit of the black stuff to oooze outta the chalks : )...Along with a poop load of gas of course.
Regards
valentine vs sugarloaf, page-18
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