I thought the market would have liked this a little more. Don’t forget that besides the cleanup, this Well is flowing up the casing. There is no production tubing installed, so that would increase the velocity and the production rates again. They still need to confirm things such as gas composition - for all we know it could be 90% C02, although by looking at the flare I doubt that.
I’m not sure what the Santos pipeline pressure is, but with 3.7MMscf/day at 800psi or whatever they said, you’d have to think when it’s all cleaned up it’s obvious there’ll be a commercial flow rate.
All in all as I said, I thought the market would have rated this much higher.
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