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Bowood Energy Inc V.BWD



TSXV:BWD - Post by User

Comment by nlr2on Nov 17, 2011 6:15pm
336 Views
Post# 19246871

RE: RE: RE: RE: RE: RE: RE: First Energy

RE: RE: RE: RE: RE: RE: RE: First EnergyWhat juniors? Raimount farmed there land out to Shell already. Argosy has a fairly new presentation up and its interesting. Our Kipp well, and northern lands, are in line with a Torc well, both Argosy wells and a Canadian Costal Resources well. The Torc well is tested and waiting on a facililty build, the CCR well has 450 BOE/D facility constructed and the Argosy well IPd at I think 350 BOEd. Torc just licensed in that same trend a lower Banff well. The last large landsale, price wise is also in this trend. I would be less encouraged by 250 BOE a day, 450 with no water cut would be very nice though. The biggest thing is we need some production history and some major reserves assigned per well. That will take time and I have lots of it. Haha. Lastly do wells generally increase in production between swab test and being placed on flow or decline or what.
Thanks
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