GREY:STPJF - Post by User
Comment by
monzieon Sep 03, 2014 9:34am
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Post# 22900492
RE:RE:RE:RE:RE:STP Debs vs. The Rest
RE:RE:RE:RE:RE:STP Debs vs. The RestShat you do realize that the company already acknowledges that they won't reach nameplate with the ICDs alone right? That's the reason that they need the 51 million to drill the additional holes. So yeah production on the 3 wells was only 870 bbl/d, but as management has said it's also an increase of 60% from before the ICD's were installed. That's still called an improvement. It may not be the number you were hoping for, but either way it's an improvement. You keep mentioning your disappointment in the ICD results so far, and keep ignoring the fact (whether intentionally or not) that they're not saying ICD's will get them to capacity. They're saying that the ICD's will get them to break even at McKay which will get them the funding to drill the additional holes to get them to capacity or near capacity. Not to mention the fact that they wouldn't be installing all these additonal ICD's if there wasn't an improvement with them, and if they didn't see a way out. But carry on shat.