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Atikwa Resources Inc. V.ATK

An oil and natural gas company


TSXV:ATK - Post by User

Bullboard Posts
Post by Irulecrapon Oct 28, 2010 9:27am
446 Views
Post# 17623074

Comparing pressure to Painted Pony

Comparing pressure to Painted Ponynews today.

PPY.A

Thewell Kobes a-A10-J/94-B-09 (20% working interest) flowed in-line at arestricted rate of 6.0 million cubic feet per day (mmcf/d) at 1,424psi, after more than ten days of testing. The flow rate has stabilizedand management estimates the well is capable of flowing at gatheringsystem pressure at approximately 7.5 mmcf/d. 

ATK

Yesterday.

The original reservoir pressure has been determined to be just over4,900 psi. Based on the initial pressure, and the average net-pay andporosity in the well over one section of areal extent, Companyengineers have estimated a "Discovered Resource" of 6 bcf of naturalgas, associated with the well.

Bullboard Posts