Thanks for that gregorious,
an enlighting article, my take is that the initial concept was to target the gas potential reserves but the unexpected oil /condensate hydrocarbons recovered during flowback have some what changed the model from a gas to a multi formated hybrid system. In doing so compromises have been experienced in the type of fracing formula / perforation charges and the consequent blockages experienced which led to subsequent remedial acid wash to restore flow rates.
It remains to be seen if the CT intervention will produce the predicted flow rates on a constant flow rate /choke setting, but I suspect that Olex is taking a concertative approach in the hope of under estimating and over delivering.
77H not only has to demonstrate conceptual design and engineering comps. to the Indian authorities but also economic matrics to shareholders and a definitive financial structure moving forward to restore positive sentiment.
AIMO after a good bottle of red and average meal on a Sat night.....Cheers
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