OTCPK:WSRLF - Post by User
Comment by
canadafoxon Dec 16, 2013 9:20am
353 Views
Post# 22009036
RE:RE:RE:RE:RE:RE:RE:RE:nothing but an unfulfilled promise.
RE:RE:RE:RE:RE:RE:RE:RE:nothing but an unfulfilled promise.not4... the lack of trying. I read 6K bpd oil on the meter ( for a start ) when I was at the wellhead 2 years back. They probably have tested the current completion on S-1 Jeribe to around 9K - 10K bpd t without replacing the tubing. When they do we are guaranteed 10K and probably 12k - 14K bpd IMO. Then there is H-1 Jeribe and we will be unfortunate not to see 5K - 10K bpd. Then H-1 Oligocene. Then B-1. And we know already that K-2 and K-3 have production potential above 3K bpd ( way over for K-4 IMO ). We should be at 20K - 25K mid-2014 with a fair wind and most of that is lo-risk. That is nett 8K - 10K bpd worth around $150K - $200K per day during cost recovery period.