shakeout & what we have to look forward to, page-32

Some great info guys,
I would just like to add that the fracc program, the experience of the fracc crew and the technology used in these shale wells is extremely important to what the well produces over 24 hours, one month and its productive life.

Considering a bad fracc can actually kill sections of the well as far as Ip goes, in some cases the fracc is as least as important when considering production rates as is the postion of the well.

Its one reason that two wells side by side can have very different production rates. The fracc also costs a fortune and has the highest bearing on the IRR.

The announcement by Terrace on the EF was very upbeat. They have another great producer which it drilled months earlier and the tone was not as excitable. Given that the other well was its 1st good producer I think we may have some good / great results coming from EF
Just 40 more sleeps until EF 1 starts unloading if all goes to schedule