Petro Vista Energy Corp. PTVYF

RE: RE: 1,500 bod

[supserstar]

why do you think they need $10 million? I thought Morichito would only cost $3 million, and tartaruga once producing with $65 netbacks should pay out around $10 million this year.

fwiw I understand the pressure from the bottom zone was very strong and they did not let it go all out as they were concerned it would damage the structure and the equipment, but they are going to try to slowly let the flow build up over the next few days to see how high it can go, and that in their minds the 1550 is conservative. If they can get it to flow 1550 or better I would think the stock will go to .25-30 or higher depending on how much they can get it to flow. If they are successful in doing so they will update the market. They are finally trying to underpromise and out perform unlike the previous regime. 

I had heard previously that for whatever reason Tartaruga is only supposed to flow one zone at a time to preserve the structure. So while they might test other zones they wouldn't produce from other zones until the first zone is declining or substantially reduced. Hopefully that is a mistake in my understanding and they can test and flow several zones at once which would really make this a cash cow.