AJQ 3.13% 3.1¢ armour energy limited

Ann: Operational Update - Myall Creek Well 4A, page-2

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  1. 694 Posts.
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    OK soooooo the well is shut in waiting for a rig to run the tubing witch i agree it will enhance the production but enhance from what rate to what rate,ican tell you it wont be significant. they claim the well is still in clean up stage i call bulshit! its a conventional gas play

    where is the update on the post frac perforations? i was expecting something along the lines of after successful completion of the perforations we are please to announce a increase of the gas rate from 0.6mscf/d too......

    they would have for sure flowed the well back to see if any optimization had occurred post perforations this is the first update that there hasn't been a reported gas flow inst that the most important thing? lol

    what does this tell you.. can we assume it has remained the same 0.6-0.8 mmscf/d i would say that is a safe assumption.

    hopefully the next 3 wells can be better or that 20TJ target might not be as easy as first seemed.

    ps what a crap update
 
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