EEG 6.12% 23.0¢ empire energy group limited

I’m struggling to make sense of those flow rates and viability...

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  1. 510 Posts.
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    I’m struggling to make sense of those flow rates and viability of Beetaloo basin. I’m comparing it to an average QGC CSG well that flows around ~1 mmscf/day at a drilling cost of 250-300k with no fraccing necessary. Obviously water is an unwanted byproduct of CSG operations and production curve of CSG wells is shorter, but I was expecting those rates to be in 3-4 mmscf range (post fraccing) to make this project viable ? @psi81
 
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