GREY:ARWJF - Post by User
Comment by
theq_fezon Dec 13, 2013 4:33pm
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Post# 22004905
RE:Lots of positives
RE:Lots of positivesIt is good to see the sp remain stable in the .20 range.
IMO the sp should go up if the production test results next week on Kirkpatrick are good and if by chance they announce that the deal they are working on goes through. They are in a blackout period so they are working on something.
Just to make sure I have it right, they drilled 2 Kirkpatrick wells last year and only one of them is now producing at 240 boed. So are they now testing the other one from last year and the one that they just drilled?
Does that mean that both of the wells they are testing could bring in approx. 200 boed each ?
Then if as they say they are now at 600 boed - add in another 400 boed - that would take them to 1000 boed.
Green, help me out here - I want to make sure my understanding of the production is accurate.
Thanks.