A flow rate of .5mmcfm/day doesn't seem like much until you realise that about 500 wells can be drilled very quickly and connected to a gathering system would put Some 250,000,000 cf/d into a pipeline. Production wells are drilled at about 20 percent of an exploration well. We're talking big bickies here and this is only on the shales and not the fractured Dolomites that are producing at 3.3mmcf/d infrared. Starting to get the picture???
AJQ Price at posting:
26.0¢ Sentiment: ST Buy Disclosure: Held