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0.00% 7.8¢ tap oil limited

370 series are thin reservoir sands with ultra-thin productive...

  1. mmbo
    117 Posts.
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    06/08/19
    14:35
    Post #: 39884952
    370 series are thin reservoir sands with ultra-thin productive interval, Though the initial production in each well around 1000 bbl/day looks impressive the production volume declines rapidly. I doubt if the temporary boost in production would even cover the cost of drilling these horizontal wells?
    TAP Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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