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Bullboard - Stock Discussion Forum Kicking Horse Energy Inc. V.CEX

TSXV:CEX - Post Discussion

Kicking Horse Energy Inc. > what is this well.
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Post by zeee on May 07, 2012 4:54pm

what is this well.

is condensate natural gas......is this well all natural or there some oil in it.

zee

Comment by sanddevil on May 07, 2012 5:07pm
It is a  gas condensate well.    Natural gas has associated with it 'NGLs or Natural Gas Liquids', some of which are in the gas phase at certain pressures and temperatures (such as Ethane, Propane, Butane...) but can be recovered with process facilities (Deep Cut; Refridgeration; etc.. )      These are all worth some nice $$ but you need a ...more  
Comment by Smiles48 on May 07, 2012 9:01pm
Thanks for that explanation sand.  In light of that, then I would say this thing is worth at least 0.15.  Some co. are still in exploration phase and have a higher sp with alot more dilution than this one.
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