RE:RE:RE:RE:RE:Need CatalystLucasKnight wrote: Can't argue with righand2 there. Absolutely accurate in his assessment.
Well, I did leave out the GHA. I have to wonder if they might not wait until they get a better handle on the deliverability of their wells before committing to a definite amount of gas. If they have to sign a take-or-pay agreement, and fail to deliver the contracted amounts, that would be a double hit to the bottom line, less gas to deliver and a penalty as well. I hope they err on the side of caution in that regard.
But, if the recompletions prove the botched wells are still good, and the next two operated wells, plus the non-operated wells, are also economic on average, they should have the info needed to pull the trigger on a GHA. JMO