sp speculation
Im curious to hear realistic input into where the sp may move to pending a positive flow test. Lets say 1500 bbpd, a realistic conservative number.. Like I said prior, Im a hardrock geo and have very little knowledge of oil plays. Can they come up with a field resource number after one initial well ? Or do they have to drill it off like a orezone ? Is 50 cents a realistic number upon a positive flow test of 1500 bbpd or is this too high ? I appreciate the input..