88E 20.0% 0.2¢ 88 energy limited

Ann: Hickory-1 Upper SFS Zone Flows Light Oil, page-231

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  1. RBR
    630 Posts.
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    Issue is there is a blind comparison between different companies which are in different stage... Please do not argue or do any personal attack with these people and encourage them. Just ignore!!!... They will always pull up a slide from a different company and say you are wrong.. The company has reported what they have observed and they are doing further analysis. All the doubts and clarifications will be answered in the due course!!! At this stage as per the report it is a good result... We stay calm and wait for the further report from the company...

    Below Message is one from similar people:


    "The 600bbls/day total fluids is certainly encouraging butI doubt that commerciality will be claimed after a test which only flowed oil ~14 hours (given it averaged 42bs/day and produced 24.8bbls). I doubtif 88e had higher figures in the artificial lift period that they wouldnot have combined these with the natural flow period. Note also whilst they confirmed oil cuts increased through the test, they did not make the sameclaim for oil rates. This is why I believe they cut flow period used to derive the average to the natural flow period.

    There will likely be a chunk of NGLs to be added in also given the high gas rates. This could limit there ability conduct a extended well test using a horizontal given issues Pantheon has at Alkaid."

 
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