"The Operator�es pre�]well planning allowed for up to 3 to 4 weeks to clean up the well and this now appears a reasonable estimate. Until the frac fluids stop flowing back and the well cleans up, it is difficult to estimate the likely stabilised initial gas flow rate of the well."
Given this statement could it still take a few more weeks for the frac fluids to dissipate? If so may be no further announcements until next week?
If so, this may consolidate until then at mid 3 cents with the remaining SI profit takers selling against any buying strength.
Either way this statement is golden...�gThroughout the testing period the gas flow rate and well head pressure have been steadily increasing, and the ratio of fluids to gas steadily decreasing, indicating that the well is cleaning up.�h
IMHO...DYOR...
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