The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
brilliant statement.
Jay Cheatham, CEO, said: "I'm pleased we were able to resolve several issues and successfully reach this point in the clean out process. We have done extensive analysis, supported by 3rd party experts, and were able to learn much about the reservoir and the liquids production during this hiatus in testing. We are less than 40% through the recovery of the frack fluid (well cleanup) and I'm confident that Alkaid #2 will ultimately prove a commercial success. Nothing we have seen to date diminishes our confidence in our projects."