RE: Boy Blunders1 Sep 2021 09:14
Ronnie, I very much agree with your view.
Regarding previous testing of WNA-2, I absolutely believe they did enough to know it would flow both gas and probably condensate, and were confident enough to move forward onto WNB to find the south-easterly extent of the field.
Their miscalculation, if you can call it that, is that everything since has had to be to some extent delayed, and I know some posters suggest the lockdowns are a lame excuse for delays, but I believe had things been different, WNA-2 EWT would have been concluded long ago.
But investors can be impatient, and we don't know, I'm sure, as much as the JV partners about what has already been found at WNA. Yesterdays RNS I believe was the first to mention liquid hydrocarbons brought to surface at WNA-1 & 2. There were rumours of condensate reaching the gas flare at WNA-2, which shouldn't happen, and that oil also flowed a considerable distance up the well. So I'm confident in WNA-2 flowing.
It would make a considerable difference to the share price, in my opinion.