It means exactly what it says, the only pressure in the well is from the gas. The fluid is under no pressure. If it is in fact oil, it will need to be lifted from barrel number 1. I have never attributed any real chance of the bluff producing the golden egg, but at least the overlying units (secondary target) should produce sufficient oil to cover well costs.
- Forums
- ASX - By Stock
- SSN
- Who is attending the Shareholder Briefing today?
Who is attending the Shareholder Briefing today?, page-13
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SSN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online