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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 Jaws333on Feb 04, 2017 1:45pm
433 Views
Post# 25799917

RE:A few thoughts and questions

RE:A few thoughts and questionsHere are some numbers of potential wells that I think are reasonable:
When Garth was interviewed we held 86.75 sections so 86X2 zones (upper and lower)X4 wells per section = approx 680 wells.
If we add the lower zone approx 1,000 wells.
Now we have 96 sections (likely to grow) and the geological information says there may be as many as 6 zones to produce from so 96X6zonesX4wells/section=2,300 potential wells
This number will have to be proven, as will the number of wells per section (could be more), but it is clear that the potential is enormous.
Watching Encana and others in the area, will give us a better idea of this potential.
Right now the focus is on delineating the rest of our land, expanding infrastructure and adding to production/revenue.
Very exciting IMHO
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