RE:RE:Equi Q2 Webcastkcac1 wrote: "If we could only get that long awaited sustained flow data of Ina (and later Dev) out...soon."
Chreca-We are talking about that "We like to go slow and get it right" Hans, aren't we? Wasn't it stated they need at least 3 to 4 weeks of flow to extrapolate an estimated 12 month flow?
Wouldn't you think they have been testing zone 1 for at least a couple of weeks by now and if there was no flow, it would be material and we would have news? So, do we want news of Ina zone one news out sooner or later. I would think later. I would also think if they tested it for 4 weeks, it would take a week or so to calculate all of the data to be able to put out a projected 12 month flow rate with decline.
Assuming most of the zones get flow and they flow the well for ~ 4 weeks plus a week or so to compile and write and let the attorneys approve a news release. It would be nice if they could somehow figure out how to be dual testing both wells at the same time, otherwise good flow results would appear to take far longer than the 3 to 6 months predicted for testing the two wells.
Flow is no concern as they are using a pump just now. They have stated that no NR before understanding the flow data