Ann: Operations Update, page-24

GreatPost from Johnlatocha12 on the LSE:

The main risk was getting the propant to work and the fractures staying open. We know we've got the oil and we know its the right thermal maturity (volitile oil) The unknown was how the rock is going to take to being fractured and if we could get propants to hold these fractures open. Would the rock be too brittle would the rock be too clayey. Surely by completing the first zone already this is massive. They must of had success and enough success to then move onto the next stage is very promising. This was our main risk and the unknown this was what we could only know by actually doing the fracking operationally. The rock must of taken well to the fracking to of completed it that fast and without any problems. To me the main risk has been removed as we know the viscosity, we know the pressure, we've got high hydrocarbon saturation. It was all down to if the rock would take to the fracking which is 50% complete