RLE 0.00% 9.0¢ real energy corporation limited

Ann: Investor Presentation, page-34

  1. 1,299 Posts.
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    ADL. I noticed that too. I'm certain it was an oversight as RLE have said in numerous presentations/anns that both T2 & T3 are modelled to flow at rates >3mmscfd. 


    In any case, have a look at the bloody flare from T2. A few experts have said that's definitely >3mmscfd. I also note that T3 had more fracs so potentially higher flow rates & longer recoveries. If i was RLE i'd be testing every few days and announcing improvements as frac fluid returns diminish (i'm assuming this is not a technical difficulty). The stock market loves these type of anns especially back to back!


    No RLEOB's listed for sale. Interesting! 

 
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