AJQ 3.13% 3.1¢ armour energy limited

Kreno, you pose some interesting questions, however I believe...

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  1. 1,504 Posts.
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    Kreno, you pose some interesting questions, however I believe it's still too early to know. The last figures announced stated 30% of fluids had been retrieved, initial gas rates of 1.7 tj/d, then later decreasing fluids along with decreasing gas, down to 0.6-0.8 tj/d. That makes sense.
    I don't believe enough fluid has been recovered to give us the information you seek. The company states that decreased tubing size will enable greater fluid recovery and only once that is achieved will we have a better idea on gas rates. The fluid must come out first, and the bits of gas that have made it through the fluid, i.e. the 0.6-0.8 are not likely an accurate indication compared to fluid retrieval of say 60%. We all want numbers but I believe it's still too early.
 
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