RLE 0.00% 2.0¢ real energy corporation limited

Ann: $5m Placement to Advance Windorah Gas Project, page-100

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  1. 989 Posts.
    lightbulb Created with Sketch. 501
    I see no reason to doubt that RLE reported the correct choke sizes in both announcements. Its a fundamental piece of the data, if a mistake was made they would be obliged to issue a correction.
    The decision to not report the flowing pressure in Tam 3 was very odd
    In an earlier post https://hotcopper.com.au/posts/37258663/single I had a crack at calculating the flowing pressure in Tam 3 and came up with around 800 psi.
    Like you I await developments here, a definitive reserve estimate from an independent and competent source like DeGolyer and MacNaughton is essential to rectify the doubts I hold.
 
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