Opportunities in smallcaps header image 2

InterOil set’s new world record

December 1st, 2009 · No Comments

Break’s it’s own…

It is simply MASSIVE. 705MMcf/d in the flowtest at Antelope2, compared to 382MMcf/d at Antelope1 (a world record).

And to a considerable extent, one could see this coming, as the part of the well let roar today was over 1100ft of net pay with an average porosity of 14%. More interesting even, the liquids have more than doubled in relation to the Ant1 flow test (11,200 bbs/d versus 5,000bbs/d). There is 129,000 barrrels of oil equivalent flowing from just this single well..

This bodes VERY well for the liquids stripping plant.

Here is the PR

Tags: IOC