WISR Ord Shs V.WZR

RE:RE:RE:RE:RE:RE:RE:RE:Its a Steal

[42APIOil]

High flow rates are always the icing on the cake, but oil companies look at it a little differently than investors.  They are not in it for one or two wells, but for the optimal exploitation of an entire field which may consist of several hundred wells.  The information obtained in K3 should enable TLM and WZR to substantially increase future flow rates, reduce future expenses and mitigate future risks. In short, information is power...even without the flow rate.   
Also....Reserve estimates are based on the size and overall population of "Vugs" (think of them as the bubbles in an Aero bar) within a formation.  This is the measure of a formation's porosity. The permeability (simply put its how well the Vugs are interconnected) will change with natural or induced fracturing, but it by no means changes the amount of oil that's already in formation.   It only affects the ease of access and cost of extraction.  That's why mechanical fracturing is so popular worldwide and most oil companies actually incorporate the cost of frac'ing in their initial CAPEX.