ICN 0.00% 0.6¢ icon energy limited

Ann: Icon Flares Gas at Lydia , page-9

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,221 Posts.
    lightbulb Created with Sketch. 1193
    Hi Hotdom,
    we edge closer and closer to a commercial flow as we reduce the water cushion that sits on top of the coal seam.
    As we continue to reduce the water by continually pumping it out, the reservoir pressure increases and consequently we get increasing gas flow rates.The whole process takes time and cant be rushed. At this point everything looks on track, however, I would like to see more frequent updates on the flowrate .
    As long as they are consistent in the choke size they are using it is not really a factor.
    Occam
 
watchlist Created with Sketch. Add ICN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.