DXI 3.40% $2.84 dexus industria reit.

NSH,My take on the timing is a little bit different to yours...

  1. 69 Posts.
    NSH,

    My take on the timing is a little bit different to yours though in the same ballpark. Assuming they have to flow back onto a pipeline. My timing is:

    Perforate - 1 day
    Frac setup - 2 days
    Frac - Max 3 days as is a vertical leg only
    Demob frac gear - 1 day
    Mobilise and tie in test separators - 2 days
    Flow back frac fluid - 5 days (Probably have to rock the well a few times)
    Allow flows to stabilise - 2 days
    Pressure build up and flow test - 2 days

    This outlook assumes a no result should be reported early, a delayed result is looking better.

    I have been in on this one for 2 ½ years and have already made a pretty nice profit. If this is the big one and it takes off I might just retire from the oil patch and just trade or invest in oil stocks.

    Cheers

    Jami
 
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