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1.1¢ freedom oil and gas ltd

Ann: 30-Day Average Production for Recent Eagle Ford Shale Wells, page-9

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Yoshbox

58 Posts.

11

13/03/19

15:27

Post #: 37748841
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Originally posted by OracleRhino: ↑

Market seems to have missed this clue for the latest wells

"In addition to the three Vega wells, we recently began flow back operations on another six wells (3 Persimmon wells and 3 Katherine Brown wells). While these six wells were also drilled on 660-foot spacing, the completions on the Persimmon and Katherine Brown wells used approximately 20-30% less water volumes than the Vega completions andsimilar sand concentrations and amounts when compared to our earlier higher-rate wells. Im expecting the results within a week, and the drill rig should be back any day. Im adding

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I was thinking the same regarding the rig. I also believe that we will hear about the option take up for the second tenure as well as an update on the RBLF by months end.

FDM Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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