RE:RE:interesting news, There last N/R covers the West field purchase closeing and a part of that was 7 million cash, parties at the table seem to agree to let the well produce at this rate and i would assume then using the cash to pay the 7 mil, time will tell. This well is also capable and ( is,was ) planned to be dual string completed to produce min 3000 boe, ( in past N/R )
The other news was at the country level, and the big producers, their seems to be movement forward with the big fields ( mostly off shore ) , but l'm wondering with regards to the pipline challanges, maybe getting worked out.
For all we know, this well could have been pumping for the last year, of course they would have to slide the rig over a little more !