ACN acer energy limited

looks like it will close gap to 1.97, page-9

  1. 2,988 Posts.
    That was only 1 well at the top of the formation while it was fully charged. Though that was very encouraging and shows potential of the formation to pump out 600+ barrels per well post fracturing (with enough pressure augmentation), it is not known whether Flax-1 was in a particularly permeable part of the formation, as permeability can vary from 10md to 10000md or higher within a single formation.

    The Flax-1 testing showed the potential. I would presume they have a an idea of permeability at other sites from rock samples and logging though that only gives local permeability, with prolonged flow testing required to assess real production capacity.

    Given the past success at the nearby tirrawara field using similar techniques it all bodes well.
 
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