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Bowood Energy Inc V.BWD



TSXV:BWD - Post by User

Comment by Vanboarderon Dec 02, 2011 1:17pm
316 Views
Post# 19287269

RE: RE: News On Friday

RE: RE: News On FridayNo news out yet and doubtful until next week sometime at the earliest. IMO.
 
While NR from Monday stated a NR in a few days, Bowood is waiting for Leagacy to confirm when (not if) the Kip well will go on production. With the Kip well being a confidential well Bowood has to wait for Legacy to give the o.k. before any release can be made public.

 BTW- If this was a dry well(as other poster have stated/asked) or was uneconomical for the amount of oil do you really think they'd be putting it on production? Not saying the bpd are good or bad or even that the water cut is high/low. All I'm saying is you don't put a dry well on production. 

It would appear we're in hurry up and wait mode for now.

All this is JMHO

Cheers,

Van
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