GLL
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0.00% 1.4¢ galilee energy limited

Progressing nicely! "Glenaras multi-lateral pilot is continuing...

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  1. kellbys
    5,342 Posts.
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    24/07/18
    08:54
    Post #: 34529530
    Progressing nicely!

    "Glenaras multi-lateral pilot is continuing to perform strongly and demonstrating excellent water rates, with both wells flowing water rates in excess of 2,800 BWPD in aggregate, with the current fluid level at approximately 530m from surface. In addition, there is evidence of direct communication between each of the lateral wells which is enhancing pressure drawdown in the pilot area."
    GLL Price at posting: 48.5¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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