HOG hawkley oil and gas limited

sp now 23% below energy index, page-4

  1. 448 Posts.
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    RNI

    You are correct about the Dec figure of 7mmcf/d av.
    I jumped the gun a bit and pinched the 6.7 rate from the Jan 13 report. I figure if the rate is 6.7mmcf two weeks in to Jan then the average rate for the month will likely be 6.7mmcf/d. The drop per month is the critical item to watch.

    I think it is best to make judgements on what is most likely to happen rather than go on what one may hope will happen. Thats why I have no faith in the B24/25 (7 wells at Chets and not one successful) and no faith in 202 finding a separate source gas 400m away, there is no evidence to support that claim (201 & 202 would need to be separated by a fault).
    But theres always a chance :)
 
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