That is what they will do, Orion are the operator on H2 , who they have used many times before and are highly competant. It is likely they will sidetrack H2 but will have to come back up the well some way to do this. This is agood outcome for AZZ as it is at no cost to them and gives a clean entry into target zone. Remenber they have 75% of this well , so given H1 flowed around 4-6mcfd, it is certainly significant. Outlar 2 is likely to kick off in only a couple of months and of course H3 will follow on from H2 if successful. Don't forget Yellow Rose prospect which a competitor is currently drilling and at this stage looks highly promising. The Tilden Dome Field is adjacent to AZZ and is a 200+BCF discovery.Plenty of upside from these levels IMO.
- Forums
- ASX - By Stock
- AZZ
- what next
what next, page-12
Featured News
Add AZZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online