RE:RE:RE:RE:WTI over $64oilman1111 wrote: JDavis17 wrote: VeritasVern wrote: JD the volume is so low I am wondering how or why manipulators are holding this price under 0.40.
The complete lack of buyers makes it easy.
I guess most potential investors were hoping our latest well would have been more like Kelt's, and not nearly so gassy? I am not disappointed with the well, but I had also hoped for better.
There`s no reason at all to be a bit disappointed regarding this 48 h flow test when the amount of frac water recovered is 12 % and flaring was limited. This well is already good and should be very similar to Kelt`s well when it has cleaned up more. Very good well.
No, it won't be "very similar" to Kelt's well.
I said a long time ago I would be happy with anything over 1000 boed from BBI's last well, and it delivered. But it is not, and never will be, "very similar" to Kelt's well. Do you even know what that well tested at?