PES pepper residential securities trust no. 21

pilot well big production - asx announcement

  1. jake0002
    8,811 Posts.
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    20/11/08
    15:11
    Post #: 4519477
    Cameron-26 pilot well completed and extended production testing now underway.
    • The well is being production tested at a flow rate of 750 mcf/day with no associated water production. The controlled rate represents a surface drawdown of only 12% and corresponds to a wellhead AOF of over 3 MMSCF/day at current conditions.

    can anyone tell me what does "wellhead AOF of over 3 MMSCF/day at current conditions." - i think it must be good?
    PES Price at posting: $1.48 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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