ELK 0.00% 1.4¢ elk petroleum limited

gas discovery valuation, page-15

  1. 954 Posts.
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    There may still be some surprises to come from Hereford.

    How long does it take for analysis on noble gas? And how long for analysis on flow test data to determine well deliverables and reserves?

    I wouldn't imagine this to take long as they have been reviewing seismic for a while and they know what structure they are dealing with.

    The week beginning 26 September is likely to have results from Niobrara and the quarterly report. There should be an update on Grieve FID in the quarterly and maybe results from Hereford by then.

    We will also know this week what is happening with Ash Creek. I hope the JV is pulled and we keep 100%.

    There is nothing like a flow of activity to keep a sp running and that is exactly what we have now with ELK.
 
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