RE: Drilling Results and August Production 500-800 drilling locations???
From the horse's mouth.
Looking at this as a straight tertiary recovery play along the lines of the Bakken and others in the Texas portion of the Permian, this is a 5.00 stock without any rollback. Right now the acidization is being tested on the first three wells. The next 3 will be fracked. After that, they will decide which is the better way to proceed. To me anything over 30 bbls a day is a success. Let's see a conservative 500X a conservative 30 comes to a very conserviative 15000 bbls. a day..
I think fraccing and CO2 injection will enhance production as well. Good news days ahead. in my view.
But I think we will be taken out long before that total is drilled.