IMP imperial corporation limited

now a gas producer, page-21

  1. 37,286 Posts.
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    hi guys

    firstly i know nothing about oil/gas game....

    why haven't they announced any flow rates..????

    IMO because it will be minimal flow rate probably bordering on commercial, if not commercial

    it would appear to me that the JVP's will drill an number of wells hoping a combined gas flow will be commercial..

    by connecting up say 5wells they might get a commercial financial return.

    just imagine if IMP had of annouced a poor flow rate..????

    punters would have bailed out...

    but if you announce a combined flow rate again say 5plus wells...what might be the out come..????

    might be worth checking although i'm not totally sure, Norwest Energy (NWE) might have previously drilled in this area. did they walk away because of poor results..????(announcement dated 26/10/05)..

    regards

 
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