FXEN Call

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wilmawatts
Posts: 685
Joined: Fri Apr 01, 2011 10:12 am

FXEN Call

Post by wilmawatts »

Good call last week.

Testing underway this week on the Plawce well, they are fracing three different sections, Halliburton is the contractor.

And the T-3 well also looks promising, 5 mmcf/d flow rate DST and pressures built during the test. From a part of the well where they did not expect gas so I expect lots of skin (mud) damage that underestimtes potential. But reservior size might be an issue, no telling right now, but the fact the gas flowed was positive. More testing ongoing after setting casing.
wilmawatts
Posts: 685
Joined: Fri Apr 01, 2011 10:12 am

Re: FXEN Call

Post by wilmawatts »

News on the ongoing production test next week. Keep your eyes on this one
wilmawatts
Posts: 685
Joined: Fri Apr 01, 2011 10:12 am

Re: FXEN Call

Post by wilmawatts »

Comments on FXEN and the short term outlook for the firm:

http://lnkd.in/fAVeWH
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