i see it as they say it
"Whilst the gas and condensate flow rates are minor at this point in time, the production represents the first
sustained hydrocarbon flow from this deeper horizon indicating additional hydrocarbon recoverability in addition to the already considerable resource estimates associated with the upper chalk horizons."
TCEI is not saying zone 2 is dead by any means, the well is not optimally completed, it has been cased and cemented and only 17 feet of perfs done with a frac that was 50% successful..
the well is still cleaning up, and the idea to leave it on long term clean up and test is practical. its still to clean up completely..
the kennedy well although not a commercial success but has proved zone 2 is an additional resource to zone 1, and as yet the reserves potential in zone 2 has not been factored in the sp at all.
kowalik and the following 4 wells are the key..
i see it as they say it"Whilst the gas and condensate flow rates...
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$2.86 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| DXI (ASX) Chart |