SGY 0.00% 7.5¢ solimar energy limited

big well ready for drilling

  1. 19 Posts.
    SGY today announced that it had contracted a rig for its big Almond Grove gas well where it has a 100% interest, with well scheduled for mid January. The prospect has the potential to contain 40-100 bcf of gas which at todays gas price would equate to some $200 to $500 million worth of gas. Considering gas has already been discovered in the structure this will be an exciting play with plenty of leverage for the punters.
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