Horse Hill – The rig is drilling and we are off!

And so the formal announcement is out: The Horse Hill starting pistol has really been fired. How long do you have to wait for news? Not long!

First things first, yesterday’s statement from all six companies involved clarifies that this is not going to be fracked – it is a conventional play. That should keep the smelly protesters at bay. But it makes clear that the larger rig is now on site and that it will take just 60 days to reach the ultimate target depth – the big potential gas play.

However shareholders

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