Good morning fellow holders,
Once again a good announcement, perhaps the 1 million buyer on auction close last night anticipated it well.
In relation to the subject heading as was mentioned in today's release. Does this mean that flow rates are higher than expected and have been able to force the fraccing liquid out of the hole at a quicker rate than was hoped for.
Would the pressure generally have to build up longer to counter the downward weight of the fraccing liquid before it could push to surface.
Therefore does this mean a higher gas flow pressure is coming from the IRCM and it is pushing the fraccing liquid to the surface quicker.
Just trying to get my head around the nitty gritty of liquid expulsion post fraccing.
Regards,
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