Love your work cmonaussie. Thanks for the quick reply.
Those 3 000's can make a difference can't they, but, still not a knockout. Get Halifax-1 producing @ 3-4MMscfd will certainly get a very nice cash flow going and then add those extra 5 wells that both partners seem to state, 855 will get that GSA activated and in the money. $1.5 Billion per annum gross!!
And, we still have the Post Permian sections of 218 and 855 to test!!
Now, with your comparison tables with the producing areas in the U.S., as a comparison, you show "the Copper Basin" @ 9,500-11,500 ft and with a thickness of 400-500 ft.
Isn't that the very reason why Halifax-1 and probably all of 855 and 218 is so significant in the overall picture? Halifax-1 went down to 14,000 feet with a gas saturated thickness of over 4,300 ft. Much deeper and much thicker!
Isn't that what makes Halifax-1 and 855 so valuable, the mother of all C.B. wells to date and has shown even the lowest Patchawarra Formation to be commercially productive??
Halifax-1 and 855 is what both companies have described as a "game changer". I agree with that assessment.
Now. where is Boccione with his trading figures??
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Love your work cmonaussie. Thanks for the quick reply.Those 3...
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