TEX 0.00% 8.0¢ target energy limited

worth a read, page-7

  1. 1,209 Posts.
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    My understanding is that here is no issue co-mingling the fusselman and wolfberry, as they are at BOA2.

    I think the strategy with Darwin 1, hopefully and Sydney 1 is to produce from the lower zone first (trilogy have provided estimastes of circa 200,000 barrels alone)...and then move up to frac the wolfberry and commence production from that zone (2-4 years down track?)

    advantages in doing so I beleive save costs (defer a $800K frac) , and bring well into production much quicker.

    The reason why they fraced BOa2 is the fusselman alone was subeconomic...compare that to the recent Darwin 1 well on production at 140 Barrels a day plus 20-30boepd liquids.

    So Looking for economic fusselman flows from Sydney 1, and interesting to hear whats flowing at Darwin 2 (should get some news soon)...keeping in mind they were targeting the wolfberry at Darwin 2 so I assume that will involve a frac.

    Could be a very different company in 3-6months time with a meaningful production profile.

 
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