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Fresh Tracks Therapeutics Inc V.BBI


Primary Symbol: FRTX

Fresh Tracks Therapeutics, Inc. is not engaged in any business activities. The Company is in the process of dissolution.


GREY:FRTX - Post by User

Comment by goose542on Mar 04, 2015 1:58pm
356 Views
Post# 23489426

RE:Can we beat this ?

RE:Can we beat this ?Quote from oil price article, While those figures will not set any records, it is critical to understand that this test was performed with a 15/64 inch down-hole choke, which was placed due to infrastructure constraints. For clarification, that is a choke with a diameter of less than a quarter of an inch, resulting in a bottom-hole pressure of 19,440 kPa during the test period. On production, the company would not run such a significant down-hole choke. At a realistic surface flowing pressure of 2,100 kPa and a down-hole pressure of 15,240 kPa, we calculate that the well could produce at approximately 3.14 mmcf/d of natural gas and 417 bbls/d of liquids, for a total of 941 boe/d, representing a liquids to gas ratio of approximately 133 bbls/mmcf. This is a significant discovery indeed. Read more at https://www.stockhouse.com/news/press-releases/2015/03/04/blackbird-energy-announces-two-major-discoveries#9pXOB6mgbz5ZeThE.99
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