RFE series 2018-1 reds trust

Ann: East Oklahoma Development Continues , page-5

  1. 7,303 Posts.
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    hi mimmo

    wells at all EOK sites have water, the fact that EOK Central well was producing 200mcf per day and still needs a submersible pump is great news.

    as the water is slowly drawn from these wells the greater the gasification of this shale is, it normally takes about 1 year to get the peak flow rate, every chance the EOK Central well will flow at well over 300mcf per day at its peak.

    gas price is currently $4.23, over $1200 a day, with very low well costs, this was good news greated with a mandatory sell down, looks like we still havnt got rid of all the Hartleys poison yet.
 
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