RE:Production problems? Why? Need to know.bettereagle wrote:
Anyone know the scope and nature of problems with certain Swan Hills, Brazeau area Cardium and non-operated Falher wells ?
According to my research, contrary to what they now claim the Swan Hills are about what can be expected. 250 boed at 30 days.
According to a question in the CC, the problem with the Cardium walls was with the casings and placement of the frac charges. An execution problem.
The Father wells is related to the ongoing gas delivery problems in Alberta.
I believe it's only a big problem because they are using these wells to cover up simple arithmetic mistakes they made previously when they stated the last guidance.
Previous guidance didn't pass the giggle test and had to be changed.
In My Opinion ....
Unfortunately , JW is making it all look worse than it is.
To the detriment of shareholders.