BPT 0.81% $1.55 beach energy limited

Oil & Gas for dummies, page-47

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    Horizontal wells are used in Cooper Basin but they are used to pumped out conventional oil. Not tight oil. The well performance is much better than that shown on graph. Just to give people some comparisons. Look at SXY. There are no oil drilling going on there. It makes sense not to drill at current oil price. I cannot understand why the unconventional oil well performance is being shown here as an example!
 
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