Columbus Energy Resources (CERP LN) has announced that flow testing of the Lower Cruse is underway with results expected in due course. Furthermore, at the last update logging of the Middle Cruse was still underway, however, now that it has been completed the company believe that it presents a valid commercial secondary target to the Lower Cruse and could produce at commercial rates. This is very positive, in our view, providing CERP with a clear development option for the initial commerciali
13 Feb 2020
VSA Morning Flow Test
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VSA Morning Flow Test
Columbus Energy Resources (CERP:LON) | 0 0 0.0%
- Published:
13 Feb 2020 -
Author:
Oliver O’Donnell -
Pages:
3
Columbus Energy Resources (CERP LN) has announced that flow testing of the Lower Cruse is underway with results expected in due course. Furthermore, at the last update logging of the Middle Cruse was still underway, however, now that it has been completed the company believe that it presents a valid commercial secondary target to the Lower Cruse and could produce at commercial rates. This is very positive, in our view, providing CERP with a clear development option for the initial commerciali