we are still in for commercial, page-6

I am new to posting but I have researched similar findings and would like to share.

Below extract taken from http://www.rangeresources.com.au/fileadmin/user_upload/asx/813313.pdf

I would like to draw attention to the similar flow rates of gas and oil from a larger choke of 10/64".

I hope we have similar or better results.

PS I think this may have been posted before but may be a good time for a reminder.


Texas
During the quarter drilling was completed on the Smith #1 well and the Company announced that
testing confirmed a commercial discovery.
The Smith #1 was drilled and logged to a depth of 13,975 (4,260m). Based on open‐hole logs
indicating approximately 120 (37m) of net pay thickness in three zones with no water, 4
production casing was run to TD and cemented in place. After an interval of just 20 (6.2m) in one of
the three zones was perforated, bottom‐hole pressure was estimated to be approximately 11,650
psi.
The well was unloaded on a 6/64 choke until gas reached the surface, and subsequently opened to
a 10/64 choke for 5 hours to clean the well up. Despite the small choke size, the average rate
during this period was 2.4 million cubic feet of gas and 191 barrels of oil per day with no water. Final
flowing casing pressure was 6,354 psi.
The well was shut in with a final measured casing pressure of over 9,000 psi. The Smith well remains
shut in awaiting production facilities and pipeline connection. Current plans are to perform
additional testing of the well into the sales line and finish the completion at that time.
Also during the quarter, the well partners (Range 25%) purchased an additional 560 acres in the
area bringing the total leased area in the prospect to 1,680 acres.