RE: RE: Good Price To Enter? 5th well drilled. The first 2 wells have been on production for about a month and are exceeding the typical old estimates. The last 4 wells are being drilled from the same pad so once the 6th well is finished they will be bought online. Probably a good thing as i think that the lows of oil price may be behind us and we can get higher prices once there flowing. It has been very wet there due to so much rain. Looking at the end of next week to begin production from the last 4.
Still think 675-725 boed for year end is low.