Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

Free
Message: Timeline

> I assume that you feel that this result,if it occurs, would be excellent.

Your assumption is right, anything above 15 MMscf/d I would consider it as an excellent flow rate. However, I wouldn't seriously consider revenues based on today's depressed prices. I would rather speculate in terms of NG prices in 2012 and beyond. The reason being that full-scale production will not start until 2011 the earliest, but I would rather expect it in 2012.

Share
New Message
Please login to post a reply