GREY:LSTMF - Post by User
Post by
Mastermind_9999on Oct 12, 2012 4:19pm
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Post# 20479248
From PBN IR
From PBN IR I'm sharing this so that it may help some of the investors on this board. It is simply the response I received from a question I asked IR after the operational update yesterday.
Thanks for your interest in PetroBakken. While unfortunately I can’t give you too many specific details, I do want to reassure you that our wells are still performing, both in terms of IP and decline rate, as expected (or better in some cases). Production remained flat simply due to the timing of the wells being drilled, and as a result of the additional production being shut in. I can’t speak to current production numbers or wells drilled in September alone, but I would encourage you to stay tuned for the upcoming November update.