No credit for this - the content below is taken from Reddit:
My two cents on EXR’s update:
In Aus a comparable well gets to like 50k-300k. More high tech, high cost well types get flow rates in the millions, but that’s not what EXR is testing.
So at this point they have one well that’s on the low side, and another mid range, and both are still rising.
Also worth keeping in mind the break even point will be much lower for Mongolia CBM than Australian PNG projects.
So not looking too bad I suppose?
I would tend to agree with this statement here.....
