STX 12.0% 28.0¢ strike energy limited

Not a 1 Trick Pony, page-57

  1. 5,347 Posts.
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    Both OX. Higher flow suggests more permeable reservoir and higher water rates. Assuming the water is finite then it should also dewater the coals faster. I am sure someone like PSI could give you the full technicals on how all of that works.
    I am looking for 1500 bwp/d as a bit of a line in the sand. That rate will give us a great chance at a successful project IMO.

    You also have to remember that in future wells the lateral lengths are likely to be much longer, the fracs bigger and the whole process refined further. So as much as this is designed as a commercial well, it is a proof of concept with which to improve on also. And some of those improvements could be significant (ie) fracking into VU upper and lower from one well bore, significantly bigger fracs....plus others.

    IMO
 
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