Sometimes people do not read what is said in these press releases.
"Tamarama 2 Reports Initial Flow Rate of 2mmcf/day"
Initial means beginning or opening, i.e. there is more to come.
And
"Real Energy will continue to gather data and other reservoir parameters on Tamarama 2 and 3 with the main objective to book a maiden gas reserves for our Windorah Gas Project."
There is further work to be done on this well and T3 in order to achieve the main objectives.
Lastly, someone mentioned that gas flow rates wont increase with greater choke sizes. Given the flowing pressure involved here, and everything else being equal, that statement is just wrong. The growth will not be linear, but there is a massive amount of literature available to suggest that the flow potential of this well, with that pressure, is greater than 2mmscfgd.
I happily bought stock during the apocalypse yesterday and will continue to do so at these knock down prices.
