Thanks Al99
Please don't use a dictionary to translate a single word into a plain English. You should read above its meanings.
I compared the Waitsia field as an off-shore discovery. I meant it was huge.
I gave example of the upper CSG's water table to indicate the water is traveling at the same level. The common contacts between Irwin's GWC and Warradong's GWC were only 100m apart. They proved the water was shallower and there's huge gas underneath.
The 'stacked reservoirs' did confused me earlier. That’s why I must read and find out. No one is going to tell you everything. I must read to debate to learn more.
I knew Dongara was tight gas and It was fracked at Senecio-2
I found out Kingia and High Cliffs were conventional. Thanks for your confirmation.
Thanks again for your confirmation that the Waitsia-1 was not flowed test. The company said It will but I didn't find any.
I don't think and don't need the Waitsia 1 and 2 to be flowed test because you know they're pure 100 % gas show. Flow test should be done as a pilot production test at mid 2016
In my view the 3plays should be drilled horizontally (without fraccing ) in the future as I don't want to see future vertical wells to mess up the GWCs
It's not BCG, ok. Do you think the gas accumulations will spread out the whole acreage. I do and I did bought.
Regarding the 47 millions debts. Awe did drill 3 wells in 2015. Each well should cost around 7-10m. To exchange for a big gas find. That’s worthy.
Awe will update its revenue from oil sales from NZ in Q3 2015
Citi upgraded awe to Buy few days ago.
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