The pathfinder well will not flow more than wells nearby, thats a given. Yes it was looking really promising before production testing started, problem is the testing so far hasnt been the great sucess it should be. Maybe its the way the company is testing them, by throwing in heaps of fracking fluids, this could have caused damage to the formations. Everybody else in the industry dumps down about 5,000 to 10,000 max. Akk have thrown down alot more, means the wells take longer to complete, and risks formation damage. No doubt the pathfinder well will flow well, but no where near the 400 bod you believe it will. Lets not forget that hortizional wells, flow about 80% of intial production only in 12 month time. They have a steep natural decline curve. So a good intial rate is needed
AKK Price at posting:
2.1¢ Sentiment: Sell Disclosure: Not Held