As mentioned before, I see this as a buying opportunity and I'm going to reduce my very high excess request which for sure would have not been filled anyway and use some cash to buy in the market. Malcy knows clearly more than I do in the O&G sector and I also like the fact that he quotes:'There was low permeability as expected after the first well'.
Thanks for posting Ash. I said as much in my two 11 o'clock posts. The gas is there; Porosity wasn't good on N1 & James did say 'its not unusual'..........in this type of reservoir. There is 'scale'......58 metres of gas zones & Sound wil do all they need to to commercialize it. Just have to wait now.
This is not a work over of the well,so they will not need to pull the completion and remove the casing. It could be an acid wash that is pumped from the surface or completed down hole by running in with coiled tubing.
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