Regarding Owen,
"PetroFrontier is very encouraged by the low fluid injection pressures and high injection rates evident during the stimulation. "
Does this basically mean the formation was easy to frac and fraccing fluids easily pumped throughout the formation, meaning the permeability is high as well ?
"Log data and core samples have been obtained and appear positive, confirming the existence of oil in the Lower Arthur Creek and Thorntonia Carbonate Formations"
.... meaning if enough oil present, it should flow OK ?
RAVI
petrofrontier corp. provides operation update, page-40
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