AJQ 3.13% 3.1¢ armour energy limited

Ann: Operational Update - Myall Creek Well 4A, page-14

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  1. 245 Posts.
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    Thanks Orion, we can appreciate they did what they set out to do drill for gas and yes we got gas, in known gas rich area. We just want to establish how successful. So we can work out if the venture is commercially viable. My instincts tell me of course , we are producing in the area already. I just want to know what the return on spend might be for such an expensive process, no one wants to work for free. The quicker the gas is extracted the more money we make right.
    Some thoughts on the flow rates might be insightful from some of the more technically savvy holders. After all if flow rates weren’t important, why mention them.
 
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