I dont believe there is going to be any more meters added to the hole.
If we can get a flow test result of the hcss before June 30, which is the first zone to get the treatment..as pots said, that allow will propel the sp beyond 10 cents
and also remember, the window for the frac work work on all 3 wells in WA , is approx 6 weeks, so the first zone wont take long to do and get first set of figures
Nwe has over 1million acres out in this shale country, at current mc, thats only approx. 50 dollars an acre (without other assets), i think bpt paid 400 and acre for there shale areas in the cooper.
So if the we get good results on all zones..what will that make the acreage, that nwe hold , worth??? Would it 400 or more ?? 32+ cents per share ??
SH
I dont believe there is going to be any more meters added to the...
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