RE: Snowcap test permits - December test...Now THAT'S what I'm talkin' about!! :) ..
With only one month left in 2010 there is just not enough time to test both wells in 2010 .. Parex is a professional group and they're not going to let those testing rigs get to far without testing the Firecrown-1 well as well .. This could get really exciting 1st quarter 2011 .. What's the potential?? Any estimates .. at that depth there is a lot of pressure .. and there's a lot of zone there .. 5000 bbls/day - 20,000 bbls/day/well would be my guess .. anyone else care to chime in on this??
If they only hit the low end of the spectrum on this .. it's HUGE and remember, there's lots of room for more wells .. how many development wells and further exploratory wells are on this one?? Lots I think!
We will see, but there will be a lot of cowboys out there wondering how in the h e double chopsticks they missed picking this one up at
.30 .. I have a bunch of this and look forward to take out offers over $3.00 :)
All the best to longs .. this could be a very fun ride.
The Doctor