FFM 2.47% 83.0¢ firefly metals ltd

Ann: Sugarkane Field Operations and Production Up, page-4

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    re: Ann: Sugarkane Field Operations and Produ... Sdaji

    Yes they are very encouraging results. Will be interested to see the 30 day flow rates on the longhorn wells using the hi-way frac, many wells have produced around the > 1000 BOEPD mark for their first 30 days then had very minimal declines in the order of 5 - 10 % from 30 to 60 day rates.

    We could see 30 day rates around 1300 - 1400 BOEPD and 60 day flow rates around 1200 BOEPD, this will do wonders for our reserves, EUR's and well payback times. The gas/condesate wells are proving to be the best in the trend due to the increased gas drive.
 
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