PSA 0.00% 2.1¢ petsec energy limited

re: break-even result at best for half ff1Dunno the answer on...

  1. 143 Posts.
    re: break-even result at best for half ff1

    Dunno the answer on the WC question, company keeping s/holders in the dark doesn't help.

    Re G1: larger total pay may not mean higher production rate - there are 6 sands in G1 and 3 in G2, and they usually don't produce from all simultaneously. Instead they workover the well and recomplete higher sands as each lower sand waters out. So I'd guess G1 will produce at a similar rate since the average thickness of each sand is similar (ie 27/6 = 13/3). Many other variables of course so this is just a best guess.
 
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