RLE real energy corporation limited
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Interesting result

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    24/02/15
    11:17
    Post #: 14807262
    It appears a little of a mixed result. Good in the larger Upper Patchawarra but perhaps not what they were expecting in the lower Patchawarra, albeit it may still come good with fraccing.

    Gas composition is good. Natural gas is usually around 8% CO2 and 0-5% H2S.

    Flow rates appear good, not outstanding as such but quite commercial given no stimulation.

    It would be good to hear from any geos out there that can shed more light on todays announcement.
    RLE Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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