IMP imperial corporation limited

flow rates, page-7

  1. 5,382 Posts.
    g'day
    meerkat, thats about right, but only initially, the production falls away fairly quickly in the first 5 years at which point half the gas available is produced.
    So looking at following graph and taking the above average (though imp said well above average), divide by 5 (years) divide by 365 (days) and multiply by 10 gives you a total average for 10 wells (there'll be a lot more) of about .63 mcf per day.
    I bought at 1.6, sold at 2.1, mmmmm, must work on those exits. cup and handle on 5 year chart gives a target of around 6c over time.
    cheers
    Rod
 
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