RE: RE: huge drop today.I was obviously half asleep while writing last night. Diaz has an 80% WI in the block to the south - not 100%. As stated, the new plan is to drill the northern part of the 50% WI section where the wells seem more prolific.
The southern 80% WI block sounds like it lies down section from the highest producing zone, but the southern well still produced 50 bpd, so the southern block has oil, but the wells may not be the 70 bpd well that well three - the structurally highest well is. Once Diaz gets some cash flow I am sure they will go after this area with renewed vigor.