Ann: Trading Halt-AKK.AX, page-49

Hi @Autosime,

Standard convention is that would be IP24H .... one of the variables that goes into the hyperbolic decline curve. Companies will tend to report 30/90/120 in support of the type curve if they have it (those are the graphs with dozens of curved lines and then a best fit curve) or have an expectation of what it is. What AKK is describing is not unusual. It is however as I have oft pointed out - single well economics.

The model is then reassessed with each well (as each well will have its own unique observed curve) and the type curve modified as necessary. Can be easily done as non-linear regression to do a best fit curve on the time series of observed data (same as what I was doing with their EFS wells at the time and you could see the out-performers, the under-performers and those that closely tracked the type curve). What's also interesting is the performance of the individual observed curve to the estimated curve. Some start off weaker and get stronger and others are the reverse.

Don't know who wants to claim the prize for calling it, but the flow rates are simply a punters "event". Nothing in them will be a "company maker" and no amount of talking of 390 wells etc and billions of dollars of revenue and hundreds of millions of NPV will be proved (using @gassed methodology). There is no type production type curve for Pathfinder. There is only an estimated curve.

Why does it matter if @gassed is holding or not? Sounds like he is talking as if a punter and not as if this is an investment. Like a 100-1 outsider at the races. Put down $500 to win $50K.

In the grandstands cheering