AKK
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0.00% 0.3¢ austin exploration limited

i think it would be safe to assume they have a 60 well program...

  1. OMS
    7,192 Posts.
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    24/08/09
    11:51
    Post #: 5546188
    i think it would be safe to assume they have a 60 well program on their whiteboard and will factor in a 80-85% success rate(or historical success rate on the field)

    so drill 60 - about 10-12 dusters.. ~50 producing..

    you dont just want to pincushion a field as it potentially reduces flow rates/pressure to other wells

    AKK Price at posting: 5.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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