OTCPK:OEXFF - Post by User
Comment by
mike49on Jan 26, 2018 9:41pm
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Post# 27445554
RE:RE:ho hum - more insider buys (48$USD per Mcf?..I'll take it)
RE:RE:ho hum - more insider buys (48$USD per Mcf?..I'll take it) Some info from ncs/yangarra frac last year.cost was around $1400 per lateral meter
Yangarra Resources Ltd. (“Yangarra”) and NCS Multistage Holdings, Inc. (Nasdaq:NCSM) (“NCS Multistage”) have completed a 135-stage well in the Cardium Formation in 116 operating hours. The well was completed in a single coiled-tubing run with 7.4 million lb (3,374 tonnes) of proppant placed and an average frac rate of 34.59 bbl/min (5.5 m3/min). The completion alternated between single- and double-casing joint spacing between fracture sleeves, enabling Yangarra to optimize the lateral section of the wellbore and better understand the impact of increased fracture intensity on stage isolation effectiveness.