RE: Gex Assets of £110bn+...17 Feb 2026 12:36
I am no expert, all I know is if that was an oiler, being 2nd or 3rd appraisal of that well, being non comercial, usually that knocks 50% off the share price, not gaps up.. They are selling data not helium ....Maybe £30m spent on that well to date.... They will have isolated each zone and tested, or should have, so individually they were not commercial and combined lowered the GWR... just surmising.. but the Friday pump before poor news is a feature of that share,