RE: argosy well results: Good news ????I'll take a stab - this is a pretty confusing PR
In last 10 days the well has flowed, 50 m3/day which is ~314 boepd of which: 60% is oil (insert: 188.4 boe)
However in next paragraph: since beginning of test period (probable 30 day period) the flow back is 725 m3 of new (oil or 4,560 boe) or 150 boepd (over the test period)
THUS, oil cuts and volumes are increasing which is good. HOWEVER, somewhat interesting is that the flowback was not steady (no idea how long the well was shut in) so not sure what to think of the of the increasing numbers.
All in all, not bad results but not as good as what the southern portion of the fairway is doing.