RE:RE:RE:CWV vs MVNEd:
I was not poo-pooing the CWV TDF assets but it is an important and growing asset that will bring cash flow to the table to play the CLL acreage. I would think that the La Hoyada well will bring production pretty quickly from the more conventional type reservoir too!!!!
Yes they have a pretty high success rate in TDF, so with the rising prices and potential for substantial sized new pools (e.g PQX-3), there is alot of upside there. However they only have around 25% WI there compared to the 100% WI at CLL. A 500 BOPD well at La Hoyada therefore is very significant considering corporately they are only doing 1200 BOEPD +..
Bigbadun'