TEX 0.00% 8.0¢ target energy limited

estimate for tex's coming 1/4rly report @ eom, page-23

  1. 138 Posts.
    lightbulb Created with Sketch. 57
    Lautrec

    Apologies for the last post, I seem to have created some confusion around the term "damage". I was certainly not inferring that the well condition was damaged, because as you mentioned it has been cased. I was suggesting that the drilling process may have affected the condition of the formation near the wellbore which would restrict production and that fraccing past the damage would overcome this. In production terms, it is very very difficult to drill an "undamaged" well, it's just the amount of damage caused which will determine a well's productivity. In any event, the last post was pure speculation and should be disregarded by the Network.

    Cheers
 
watchlist Created with Sketch. Add TEX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.