Well Number 2, page-10

The Edison Research report is a document worth several rereads..
http://www.lucas.com.au/images/AJL-edison-research.pdf

Within the report, projections re IP rates and EUR per laterals (min 2.5 bcf> 6.5 avg>?) are made from the "conservative" perspective of the following key assumption page 10/11)

..."We assume recoverable gas per acre is homogeneous across the BGS Bowland shale prospective shale area. This could prove to be a conservative assumption as Cuadrilla is ideally located in the heart of the Bowland Basin which contains a thick upper and lower Bowland shale section – i.e. a thicker than average shale."
Could also be that, additional cost savings are possible via a stacked lateral strategy in 6500ft charged shales, with liquids an extra bonus could further improve the economics outlined

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