WCL
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0.00% 39.5¢ westside corporation limited

Thanks jake, good stuff. So it does sound like pump failure. I...

  1. psi81
    5,334 Posts.
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    01/04/14
    16:18
    Post #: 13201161
    Thanks jake, good stuff. So it does sound like pump failure.

    I didn't realise they'd put THAT many laterals into those pilot wells. I'm not sure those gas rates would even really be economic for such an obviously expensive well. Even for the best of them, it's only an average of 320 Mscfd per lateral.

    Add the fines problems on top of that and I'm not really surprised they walked away from it.
    WCL Price at posting: 29.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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