AZZ 0.00% $7.50 antares energy limited

read the annual report, page-15

  1. 708 Posts.
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    Dargie, As you know my typing skills are poor and my computer literacy is basically crap.
    But i have a document on the garcitas ranch discovery.
    In my words I may share some of its data.
    The secondary target(upper wilcox zone) is at the upper end of expectations for the entire well.
    Total well estimate 45-70 bcf gas.(pre-drill).
    From drilling and data collected from a repeat formation test,Antares now anticipates a multiple of the anticipated potential,provided the lower (middle wilcox) zone is equivelent or better than the origional 1987 well.
    The potential production horizon is 50% larger than the origional 1987 well from the secondary Upper wilcox sand only.
    Dargie you interperate this information as you wish,but for me it certainly looks encouraging for flow rates and reserves.
    all the best.
 
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