RE: Fresh guidance would be nice. Retiring at least half the debt would be a good idea in my opinion, sooner the better, at 11.5 Coupon.
I suspect Curiara et al will be drilled again, but its going to take a good 90 days to get it done, remember, we only reached one of the three possible zones with Curiara that we targeted. LC (Eden) Id suspect we would get at least one good well, likely two, but again, thats my opinion, and I dont know the reservoir characteristics off the top of my head. But should bring very good production to us, once facilities to process gas and oil are complete.
Now Las Maracas is interesting in its reservoir characteristics, edge driven and the declines look very promising, and I suspect we are still learning how this very important reservoir behaves. Production may or may not be optimized for the number of wells that we have already completed, I dont believe I can gather that information. There will be additional wells drilled shortly, as well there are other zones that have been tested?? and will eventually be utilized. RLI is probably increased significantly in the last six months, thats a very good thing..
For those of you that have been around for a long time, there are a couple of options for significant price increases in my opinion.. Im sure you are aware... Have a nice day..