ACN 0.00% 28.5¢ acer energy limited

new value for flax, page-7

  1. 2,988 Posts.
    It reduces the size of the flax part of the field and also underlines the importance of the gas injection to keep flax 5 in the oil zone.

    Sustained production without gas injection is good though - I was expecting rapid tailing off though it is still early. On the bright side - if the formations are separate then gas injection will be more effective.

    This may downgrade the field from, say, likely 250-350 mboip to say 150-200 mboip (this is a pure guess based on the scant info released)
 
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