Why is gastem calling 200 mcfd a successful well? 200 is nothing?
I know is not horizontal
Gastem (TSX VENTURE:GMR - News) is pleased to announce that the Ross No.1 vertical well was recently completed in the Marcellus Shale. Two different zones of interest in the Marcellus Shale, namely the Chittenango and the Union Springs were fracture stimulated and both fracs were successful. The operation produced an IP of 200 mcfd and it is currently testing at 150mcfd after 4 weeks of extended flow.
http://finance.yahoo.com/news/Gastem-Marcellus-Shale-Fracs-ccn-3748666077.html?x=0&.v=1