I would dispute that, this is the wording from 88e "Oil rates and cut would have likely increased further should the test period have continued."
Likely, gives no hint as to the quantity, and with 73% of the frack fluid recovered already, it is well past the big gain stage
2,882 bbls of water was recovered during flow back, consisting of frac fluids injected into the reservoir (approximately 3,960 bbls of fluid was injected during frack operations).
Then I would further argue the company moved on without completing a thorough test, because they concluded, bearing in mind the high GOR, the risk reward is better in completing the SMDB test
- Forums
- ASX - By Stock
- 88E
- Ann: Hickory-1 Upper SFS Zone Flows Light Oil
Ann: Hickory-1 Upper SFS Zone Flows Light Oil, page-288
-
-
- There are more pages in this discussion • 175 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 88E (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $8.55K | 4.275M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
443 | 1228517251 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 6009954 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
442 | 1227517251 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 6009954 | 5 |
0.003 | 663801406 | 225 |
0.004 | 219175962 | 107 |
0.005 | 59346711 | 49 |
0.006 | 36503234 | 34 |
Last trade - 09.59am 13/09/2024 (20 minute delay) ? |
Featured News
88E (ASX) Chart |