GREY:WFREF - Post by User
Post by
qwqwon May 27, 2015 8:55pm
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Post# 23772012
Excellent drilling results at Edson
Excellent drilling results at Edson"Long Run drilled 3.0 horizontal Cardium wells in the Edson area during the first quarter. The first two wells were on production by the end of March and averaged 593 boe/d (34 per cent oil and NGL) during the first 30 days of production. This rate is approximately 60 per cent above the company's internal per well forecast for the area."
I seen the 593 boe/d and assumed that was the average for the two.It's not,their latest
presentation finally clarifies it is per well.Drilling costs for each well was $3 mil.
A majority of the Edson properties were part of the Crocotta purchase.