Ah well, so much for my29 Sep 2023 12:34
Unfounded optimism. Looks like they are where they are, are struggling with the well and the implication I take from that is further(indeterminate) delays.
They will need to come up with a decent plan asap or we all know what will.happen - the sp will drift down.
Personally I think we need firstly a plan for the 36-2 well as soon as they can, further positive news 're 16-2 and more generally a plan 're whatever are doing for the next 6-12 months.
The main positives are 100% of the acreage is Zephyr's and n the non-op assets producing revenue day in day out.
Atb,
Northern