ACN 0.00% 28.5¢ acer energy limited

anyone know what its worth, page-15

  1. 1,039 Posts.
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    Bello, are you sure you know what you're talking about? Isn't the Flax oil API 52 as per the Good Oil Conference presentation. Also the 1,000bpd production was the figure given for Flax 1, 2, 3.4 but not including latest Flax 1 East, flow rates for this have not been determined till it is production tested. However comentry suggest the sands in this well are better developed so we may get better flow rates than the other Flax wells. Difficult to do any proper sums till flow rates are announced unless you use very conservative OIP assumptions.
 
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