EXR 4.23% 6.8¢ elixir energy limited

Ann: Daydream-2 Operations Update, page-153

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  1. 6,666 Posts.
    lightbulb Created with Sketch. 2065
    'This was their highest potential zone if i am not mistaken."

    You are mistaken. We don't know what the Lorelle Sandstone flowed at post stimulation. What we do know is that based on the company's modelling a flow rate of 2.5 mmmcfd would be a break even point and the Lorelle Sandstone flowed at commercial rate (and no - commercial rate is not = to break even point, no company makes a commercial decision to achieve break-even). We also know that any addition flow from the 5 other zones will simply add to the already commercial flow rate.

    We have a project.
    Last edited by barneydigs: 29/04/24
 
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