Hi Morebull
That estimate on No 3 sounds fine to me I guessed you had worked it out on the percentage of oil to frac fluid.
No 2 flowed frac fluids at 28 an hour or 672 bpd. Thats one thing Im looking forward to is how the first two wells compare with the second two.
There was no mention of elevated gas shows or oil to surface with 3 or 4 (except the last update mentioned gas and condensate from the Strawn). So there was either no elevated shows or they started shutting down the flow of info at that stage for whatever reason.
We didnt drill any deeper to enter the strawn as the well was updip and the Strawn was at higher level. I like the fact that it was Hydrocarbon charged and flowed to surface that must have put a grin on there faces.
As for land aquisition I cant Imagine us having enough funds to by any more than a few acres.
What would change that would be a cash component in any JV they may enter into.
Cheers Whisky
- Forums
- ASX - By Stock
- GGP
- announcements
announcements, page-32
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GGP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online