88E 0.00% 0.2¢ 88 energy limited

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  1. 249 Posts.
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    I know nothing and am happy to be corrected.

    In summary, I understand that we need a decent flow rate - say 100bpd+

    We also need the information from the test which will determine what the flow rate would likely be from a horizontal drill and fully fracced. DW told me that the information with the flow rate could see a multiple of say 30 times the flow rate....

    So a result of 100bpd and excellent fraccing information etc could see an equivalent of 3000bpd or more.

    A result of 150bpd could mean excellent or not depending on the multiple effect.

    I expect 150bpd as a minimum and the higher end of multiples in play = wishful thinking.

    I never play share price forecasting games.
 
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