MAE marion energy limited

Yes it does show a positive sign.There was a study done on the...

  1. 2,938 Posts.
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    Yes it does show a positive sign.
    There was a study done on the well prior to Marions ownership stating they thought it could produce at up to 0.4mcf/day.

    The problem with this crowd you never really know what the production figures mean...

    Does it mean it really produced 0.23mmcf/day of saleable gas?
    Or does it mean it produced .008mmcf in 5 minutes which is equivilant to 0.23mmcf/day, just after they turned on the tap, and most of the gas they produced was used up powering the generator for the water pumps.

    Clearly a former consultant thinks the well can produce at 0.4 mmcf/day..

    However I cant see what they are doing nothing differently from March 2010..
    So until I see the official sustained flow rates I am probably expecting 0.11mcf/day and not much better over the course of a month
 
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