FAR 2.04% 50.0¢ far limited

What does it all mean?, page-119

  1. 13,525 Posts.
    lightbulb Created with Sketch. 4614
    "Bring on SNE3!!"

    Absolutely Mandurah, it will be an interesting well and if people are looking for this will compare with the SNE 2 results in terms of flow rates they will be disappointed, just finding commercial oil would be great news , flow rates from vertical wells that are quite likely to become horizontal in these sands if bought into production, can be very misleading.
    The fact that they can produce the rate they did, in what was described as poorer quality reservoir is very encouraging. It's probable these sands won't be part of the initial production wells and come in at a later date in the life of the field but they will add to the resources.

    Cheers Whisky
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.