EXR 4.35% 11.0¢ elixir energy limited

Ann: Daydream-2 Operations Update, page-91

  1. 7,656 Posts.
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    Listen Brado, I’m gonna give you a quick comparison TAR v EXR

    2.5MMscfd is equivalent to about 150,000 barrels of oil a year and it’s from an expensive $25M well. It’s about $10M in sales gas a year

    MAYs well 1900m deep at $5M a pop free flowed from a 20m perforated section (only 20% of the 100m net pay) at a rate of 450,000 barrels of oil a year.

    DD2 commerciality is merely a wages covering exercise and worth JACK to you holders. It’s not rocket science pal but then again most here are dumb as and drank way too much EXR coolaide
    Last edited by justinmetals: 29/04/24
 
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