Just a quick question please re strachan report that really crystallised a detailed analysis and 'calling out' of the flow rates from the first two wells, particularly t1.
That is, the strachan report's flow rates from the first two wells are much, much lower than (i.e. circa 70% less than the max 2.0 mcfd) announced by rle mgt. This is all fine by me given the 30 degree drill angle plus targeted frac excluding coal aeams unlike t1....
Just curious to learn your thoughts as 2.0 mcfd always seemed to come out of the blue and the current T1 flare is imho at best tops 1.0 mcfd.
Your thoughts?
Just to confirm i am in, and just looking to gain other holders insights.
Cheers
Adl
RLE Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
