KotchoThe weakness may have resulted from postponing the Kotcho well until after spring breakup. The Kotcho well has generated a lot of interest in the past and perhaps rightfully so. It has the potential of doubling the company reserves. We have to remember that the company is still planning to pursue this well and other wells on the Kotcho property at a later date. The deep Leduc well that was farmed out also offers a high impact alternative. I think that 05 will be a good year for hpr. With the tie-in of production at Ferrier, Ricinus and Desan, production and CF should increase nicely. It is also important to note that the weather is very friendly. Winter refuses to go away in the east and heating load and natural gas prices are high for this time of the year.
https://grads.iges.org/pix/temp1.html