WGO 0.00% 35.5¢ warrego energy limited

Flow test, page-15

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    Not sure about the answer but it probably won't make much difference IMO. The same choke size was used to measure the maximum flow rate for SE, WE3 and the Lockyer Deep. All had high pressures.

    WE3 has the thickest net pay from Kingia and it should have more gas (WE3=38m, SE=15m, Lockyer Deep=25m)

    Market cap of WGO is 190 million. It has 50% ownership of four wells.
    The market cap of NWE is $302 million. It has 20% ownership of one well.
    So, it's a puzzle IMO
 
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