PRM 0.00% 0.6¢ prominence energy limited

Ann: Richland and Amerril Oil Project Update , page-2

  1. 191 Posts.
    Good Announcement even though no IP

    B 1H will not be a great well, but we all knew that

    John B 1H looks really good, already 18% fluid recovered (on extremely restricted choke), looks to be about 3x flow rate of first well, nice. probably only 2 weeks away from an IP on that, which should prove up the first area.

    Very strong oil shows in Ameril horizontal drilling as well.

    Im confident we can get 2 out of 3 of these wells with god numbers now (although I suspect market wont like the lack of IP)

    I think its a very strong announcement

 
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