I posted this on ADFVN (EME) after looking at some of the 60 day results and relating them to the map provided by AUT in its quarterly.
"Page 4 of the AUT quarterly report (31/12/11) shows the wells on the map. Those that have a reasonably big screen should be able to see where they are: it can be magnified up without loss of definition. It is that top NE corner that is producing the Holland Brown & Yosko Borgfield results. Look at EME RNS 24 October for Brysch Jonas - it had a comparable CR. It lies between the two wells but closer to Yosko B. The trend continues west to Best Fenner.
Buehring (RNS 14 June) gives you an idea of what the next band can produce (SW of that golden trend). The 60 day figures suggest a CR of around the 700 mark and that is what Gilley could produce.
The next band to the SW, Urrutia through to Morgan & Kowalik is around the 350 mark.
So, about half of the S/L acreage will produce at a CR of about 350 bbls/ 1mmcfg or higher.
Further SW, Hollman comes in with a very respectable 270."
The EKA news releases should be the same dates.
Note that Gilley could be a good well if re-engineered.
The average Condensate Ratio is way above that first talked about, by the look of it.
EKA Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held
