Thanks. I'm trying to do further research here regarding risk- Beanbush... successfully side tracked, 600m horizontal lateral drilling above coal formation, 8 stages successfully executed, results from well incorporated into Deep Coal appraisal plans....
21TCF of potential gas in place along with 845 million barrels of condensate...100% owned.
what are the actual risks here? Recovery rate? Even x1 TCF is pretty huge... also 8 stages successfully executed.. why 8? Are STO THAT keen? Do they need 8?
Whet is the actual risk here? Looks fairly decent bet at this point, or, maybe as a layman I don't fully understand the risk? Love some insight please
General discussion thread, page-1043
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