FFM 2.42% 84.5¢ firefly metals ltd

todays trades, page-9

  1. 46 Posts.
    From the announcement on 17 August, AUT told the market that the first well in Ipanema, Patino #1H spudded. Presumably we'll get some flow rates in the not-too-distant future.

    This announcement also set out the 7-day flow rates for Turnbull #3H on a restricted choke. I'd expect to see the 60-day flow rates in the near future.

    AUT also advised the market that production tubing had been installed on Turnbull #2H and it would be brought back online "shortly". AUT was going to update the market when "stabilised rates" were achieved.

    From the announcement on 16 August, AUT advised the market that Luna #1H well had spudded on 7 August. I would expect to see some flow rates from that well fairly shortly.

    From the announcement on 5 August, AUT advised the market that the drilling operations on Kowalik #1R had been completed, production tubing installed and the well was to be fracced. Haven't seen flow numbers on this either yet.

    From the quarterly report announced on 30 July, AUT advised the market that the forward plan involved "up to eight wells" in the Sugarloaf AMI, three wells in Ipanema API and the fracture stimulation of the third well at Longhorn.

    I don't think we'll see any more announcements this month (just a feeling) but there's still a lot of news in the pipeline (no pun intended).

 
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