CND 3.23% 3.2¢ condor energy limited

macintyre 2h fracing, page-13

  1. 1,834 Posts.
    lightbulb Created with Sketch. 1
    Coppa, that is the normal method, but you need to remember that the flow test requires a completely different set of equipment from the fraccing.

    Fraccing will maximise the conditions to establish just exactly what is there..Gas-condensate-liquids......

    Subsequently,after well cleanup, and presuming that the well conditions (and contents) make it feasible, a flow test will be done,after the installation of holding tanks
    and a method of product(?)disposal..

    At the culmination of the flow test the operator will know if the flow rates and the gas/liquids make for a commercial operation.

    I would be surprised if a decision to evaluate if any of the three wells is commercial,or not, will be made before the three production tests are completed..There are many,many factors to be considered.

    Planned for around mid-October,I seem to recall???







 
watchlist Created with Sketch. Add CND (ASX) to my watchlist
(20min delay)
Last
3.2¢
Change
0.001(3.23%)
Mkt cap ! $18.60M
Open High Low Value Volume
3.1¢ 3.2¢ 3.1¢ $7.055K 226.6K

Buyers (Bids)

No. Vol. Price($)
3 191746 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 97587 1
View Market Depth
Last trade - 13.14pm 08/10/2024 (20 minute delay) ?
CND (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.