But I don't think that sort of flow rate is sustainable, it's most likely just the natural fractures emptying. I'm willing to bet they saw the rate drop significantly even by the end of the test. Realistically Kingfisher will require tight gas drilling techniques to get it out, probably a Cooper Basin-style series of fracs in a vertical well.
They could TRY just drilling a lateral and not fraccing it like CTP did with their oil well, but I think they will struggle to access much of the reservoir.
One of the many, many misrepresentations made about MEL is the suggestion they are somehow lying by calling Kingfisher 'conventional gas' - it IS conventional gas, it's reservoired in sandstone and it's structurally trapped. It's not a basin-centred trapping mechanism.
But it will require tight gas drilling techniques to get it out economically. And that probably means fraccing.
MEL Price at posting:
9.3¢ Sentiment: None Disclosure: Not Held
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