AYO unknown

is amity worth a punt, page-8

  1. 2,086 Posts.
    OMR -I agree Charts are irrelevant as far as AYO & Whicher are concerned. Although I do accept that if a chart keeps heading South its probably some indicator that things are not all rosy. Look at our beloved Petsec from its $7 high some years ago to 17c I think.

    You mentioned in your recent post regarding Whicher and a mega flow rate - as I understand AYO's strategy on this question they will be very happy with 5-6 mmcfpd as the initial WR5 flow rate. Actually the AYO site calls commercial flow 5 mmcfpd. They seem to have dropped a 1 mmcfpd somewhere along the line!

    Whether they decide to run a frac if they acheive this initial flow rate I don't know. On their AGM slides fracing is certainly shown as part of the 'success scenario'.

    In terms of future higher flow rates it is clear they intend to up the flow during the proposed 'completion strategy' by deviated wells and coiled tubing horizontal completions.

    I don't know exactly how much production they will acheive in this way but it should be some multiples of the initial WR5 flow.

    No doubt all will revealed perhaps even tomorrow if they have had trouble free drilling over the weekend.
 
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