Shouldbe, I've not got direct experience with a well this deep and with high temperature liners; have been doing some dd though. I would think the first zone could be tested within 4 weeks of having the liner in place. But, we don't know when the liner was set in place, or even if it is yet. I wish I knew the answer.
Regarding price, over time it will spike up with news of the field developing, then drift down until the next news cycle. This pattern could take place over many years with additional wells and better reservoir data as you mentioned. At some point (5 years?) Zion will become a steady producer paying dividends and that will set the pps.
With the commercial discovery announcement hopefully in the next few weeks/months, I suspect the share price will shoot to between $1 and $2, but that is really just a guess. With a good size P50 reservoir, and with short covering it could go high enough for the long time investors in the $10 range to get their money back. I've bought shares north of $10, averaged down to sub $1. I know folk who's cost basis is near $10.
Timing and pps is all speculation at this point. Hope we know soon.
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