ACN 0.00% 28.5¢ acer energy limited

waiting game, page-5

  1. 6,650 Posts.
    Hi All

    The initial flow rate I hope to see will be near to 1,000 bbl per day with an unfortunate rapid decline as the pressure is reduced.

    This daily flow rate is based on the rates that the early well produced post fracting and cleaning up on a periodic basis ie 150 to 240 per well.

    So if we are fortunate it will be almost 1,000 bopd in total.

    The key will be how quickly they can bring the other online and the re injection of gas down Flax 1. Plus some positive spin from Ross on how big the field is and possible recovery rates.

    Good luck to us all.

    PC43
 
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