I am perfectly up to speed with Range thanks, you trawled back to December last year to find something that suits your agenda, maybe you should read a later RNS from 22nd Feb 2016 where it states that management will review its drilling strategy" "Management has reviewed the previous drilling schedule and has prioritised a number of wells based on risk and economic returns.". We get it Oma, you want to cast as much doubt as possible over our prospects but most of us have seen it too many times before,
The answer to Oma's question is an emphatic no, there will be no delay in putting this well into production, to quote the RNS "...The drilling rig will now be used to carry out production testing on the MD 250 well." It says nothing about waiting for further drills off the same pad. As for yesterday's closing sp it seems the MMs are determined to play games with the spread for now so we didn't get to where we should have despite 0.4 being paid and were 50% up at one point. Still we closed 10% up on the day and I will take that growth rate over an unsustainable spike, should it continue.
Am I correct that it is the plan to do a further 2 drills from the Pad ? I'm just wondering if they have to wait until all the drills are completed and bring them into production at the same time later this year.
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