COE 2.56% 20.0¢ cooper energy limited

have not even reached rancak , page-6

  1. 9,050 Posts.
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    spartz
    They were targeting P50 250bcf in the Ngrayon zone
    For a commercial development at kurnia,
    according to MS, they need a 50-100bcf reserve with 2-5mmcuft/day flow rate from several wells to yield around 10-20mmcuft/day from the "field" .

    So there's a chance of commerciality based on the shallow gas zones alone.

    So far they have shows.

    Next they need to determine porosity among other things from the wireline logs to be done at 2500m.
    Then after total depth they will carry out DST's to determine flow.

    I'm not a geo but I've heard loads of BS from so called experts on message boards who think they can predict commerciality prior to DST results.
    Thing is, you can't.

    that said, results so far look promising.
 
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