ELK 0.00% 1.4¢ elk petroleum limited

what the..., page-25

  1. 4,837 Posts.
    Gday DJ
    Hate to break it to you but the biogenic gas is probably not the quick reward you hope it to be...Yes they are quick to drill, however there is likely to be longer lead times for compression facilities and pipelines....also they would be very low rate producers requiring a significant number of wells...not to mention gas prices in the Rockys are very low at the moment.....if the upper sands at Ash creek prove successful then they could be brought online quickly as the infastructure is already in place.....the same could be said for the upper sands at Greive, I hope they drill them early next year at the latest.....

    Cheers
 
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