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Bullboard - Stock Discussion Forum Primera Energy Resources Ltd V.PTT

TSXV:PTT - Post Discussion

Primera Energy Resources Ltd > News
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Post by dano12 on Feb 15, 2011 4:30pm

News

Well Boys, news looks great.
Over 1345 BOE/D at stablized rate.
Tomorrow should be a doozy, and still have firecrown  to test. 
I'm holding on for the ride
Comment by cdd on Feb 15, 2011 5:04pm
At 16.2% that's 218bpd for them. 2010 exit production was in the 250-300 range IIRC so that's a pretty nice add for them.
Comment by CalifDreaming on Feb 15, 2011 5:54pm
Stabilized rates are ~600 bpd range, plus associated gas.  That's ~100 boed net to PTT.  Nice bit of business.  With no oil/water contact found, they'll be drilling more appraisal wells.3D seismic works - bodes well for Firecrown results.Don't overlook their restarted WD-4 drilling program.  12 locations targeting ~50-150 bpd type wells.  Improved fiscal terms ...more  
Primera Energy Resources Ltd
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