New article out about TSU -Transeuro Energy: UkraiThis article came out 4 hours ago and offers some very interesting analysis. Read below:
"Given the evidence of commercial rates in the range of 3-5 mmcf/d from the old wells, Transeuro is targeting an overall cumulative test production rate of over 20 mmcf/d from the well. However, in the event that a network of open fractures is encountered in the reservoir rock either by the wellbore, or through the acid stimulation, then the well potential could be many times higher, in the range of 50-100 mmcf/d, with condensate production in the range of 2000-4000 barrels per day."
See more at https://www.oilandgaseurasia.com/news/p/0/news/10600
If they hit a network of open fractures in the reservoir rock the well could potentially produce up to 2000 to 4000 barrels a day! Here's to hoping!