No doubt the announcement is insufficient as in regards to...

No doubt the announcement is insufficient as in regards to detailed information. But with reference to the below beach energy annoucement it seems that average flow is around 1.7mmcf/day, and they fracced 1000m, we fracced 5 areas at 50m, so 250m, what is the difference??????, we need to compare apples to apples here.Agree a development plan going forward is required. Timber, Pottermore, is 1.7mmcf/day a commercial flowrate for a vertical well, I guess that is a detailed response, based on the specific project. No doubt horizontal fraccing changes these flowrates and the game.

Just some thoughts, thanks.


ATP 855
Halifax-1
The Halifax-1 well is the deepest of all the vertical wells drilled in the program to date at 4,266 metres.
It was the first well to be fracture stimulated through the whole of the gas saturated Permian target
zone, which in Halifax-1 is in excess of 1,000 metres.
Fracture stimulation was completed in January with initial flowback from the well in early February. As
has been reported previously, elements of the flowback equipment are rated to 121 degrees celcius,
therefore the initial flowback from these deep vertical wells must be choked back to stay within
recommended operating conditions. Understanding longer term stabilised rates is an important part of
the objectives of this program, with best operating practice to choke back wells in the initial stages to
improve long-term productivity.
The Halifax-1 well had a peak gas flow rate of 4.2 MMscfd, however, due to a faulty temperature
gauge, this rate resulted in the maximum recommended temperature for the wellhead being
exceeded. The faulty temperature gauge was discovered prior to shut-in of the well due to rain, at
which point the well was flowing at 3.5 MMscfd. After the well was re-opened, it flowed briefly at 4.5
MMscfd, with the well immediately choked back to 2.0 MMscfd to maintain temperatures within desired
operating conditions, at which level it remained for the majority of March.
Beach believes these flow rates are unlikely to have been affected by the shut-in, with the well
currently being monitored through production logging and longer term flow rates, in line with previous
exploration wells in the program. Halifax-1 is currently flowing at an unconstrained rate of 1.7 MMscfd.