RE: My estimateCable1,
Thanks for a good post. I believe that the horistonal well will give much more than 350 bbl per day after they have drilled and fixed it after they discovered that only about 50% av the horisontal part was active and the rest was "clogged" in. Hopefully they will also do som more drilling on the Cardiff discovery, so they can put shis on stream. I wonder when they will drill the Kapuni offshore prospect?
If you look at the map over the broadside permit where they have sidewinder, there are many really large prospects where they can possibly increase both reserves and production.
What makes me wonder is that in the latest presentation they forecast only 2500 bbl/day this year end. That sounds awfully low to me. Of course, there is depletion, but is it resonable to expect that much? Doesn't sound logical to me.