Joatmon The above grabs were filched from your home II site and...

Joatmon

The above grabs were filched from your home II site and complements your own postings on HC.

But, here's a post that you may not have seen, from the AIM site from 1LongJohnSilver, Today 09:24GMT:


"Commerciality isn't about flow rates, the quantities of hydrocarbons ultimately recoverable from each well will determine commerciality of the wells.

From the data they had on 76H the estimate was that in excess of 3BCFE was recoverable.

We know that 77H is drilled into the same zone stimulated by 76H with the intention of capturing some of the hydrocarbons released by that stimulation together 77H own stimulation.

The quantities of recoverable will also determine to a degree the value of future wells and increase the understanding of recoverable reserves for the whole field.

With the prospect of a 1200m horizontal on the next well the above info will be very interesting.
It is when this information is known that meaningful NAV's can be applied to the company and it's assets."