Coopernic,
Using 13,000ft long of 6in diameter, I come up with around 1,800bbl of volume inside this casing/tubing. If they really imply 50,000bbl of drilling fluid in the hole then 48,000bbl must be in the fracture if it does happen. I found it is a strange number to believe. I am not against my investment here but AKK should clarify this number. I agree that they are not implying that there is 50,000bbl in the hole at all. It just could be that there is 50,000bbl of drilling fluid on the surface during drilling. Coopernic, you can tell me if they usually have such amount ready all the time on the surface?
- Forums
- ASX - By Stock
- AKK
- september operations report
september operations report, page-14
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AKK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online