Well you obviously didn't learn to much if you think 0.8mscf/d after drilling to 2300m and fracturing five zones. And don't know any company ant that would be pleased with that result.
1 TJ roughly =6k so 0.6mmscf/d lefs say 4k x365= $1.5m that won't even cover the cost to fill the hole Isint the whole idea to make money?
Managment and the geology team need to take a step back and see where they went wrong. And get it right the next time. I'm sure there will be some excuse from Managment as to why.. there is a bunch of scenarios they can come up with to say why it's not performing. But facts are that atm it's a duster
Next quarterly cash flow will be interesting.
AJQ Price at posting:
9.9¢ Sentiment: None Disclosure: Not Held