As anticipated.22 Dec 2025 07:49
I said they would probably shut it in and conduct pressure build up tests and also suggested they would probably have to do further intervention, possibly acid wash. I was also slightly worried about the water from the reservoir based on the flow rate of return vs the amount of frac water returned. There was no excitement in anticipation from the board at the latest interview, all the right words but no conviction. Great pity and sadly people will be losing money. Anyone that still has any appetite there is likely to be a small trade with HEX, it might drop today after a slight 'delay' news which would offer a buying opportunity. Makes no difference to me, I am in there, wont be buying any more and wont be selling just yet.