Guys.
Don't concentrate on acid stimulation results.
They are not going to happen for about a year.
Wells don't usually decline for a long time,sometimes 4-5 years to warrant disconnection and acidisation
Just be happy with 150mcf per day
It is still worth about $1125 per day per well
18 wells times 1125 (AKK 75% interest) $20250
About 6.5m net revenue to the company without stimulation for these wells alone.
Remember we are drilling Cooper Basin next month.
PEL 105 structure looks very promising.
Kenny still sucks
- Forums
- ASX - By Stock
- AKK
- dont get hung up about acid stimulation
dont get hung up about acid stimulation
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AKK (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