Horizontal leg on recently drilled well.Apparently Permex did a "call" with their one and only "analyst" and they are currently servicing their new well (swabbing/testing is my guess) to remove fluid. It's expected to be in full production by end of February, and we'll get to know all about it then.
The most interesting part to me is that it sounds like they intend to do a horizontal leg. I'm keeping expectations low (few hundred bopd), but neighboring horizontal wells can obtain several thousand bopd a piece.
analyst link