Drilling...Flush, yeah I have looked at Inplay willy green drilling.
Bonterra and Obsidian drilled on other side of willy...what they call Crimson.
Key on those IPO willy wells is what they will produce in first 365 days and not so much the first 30 days. IPO started drilling on that Prairie storm land last summer hard in willy and they are high grading for sure.
Seems to be the most "flushy" out of any Cardium areas.
I think more time has too pass before any conclusions can be drawn.
IPO is putting on 2 strong oily wells a month in willy but second month declines are very hard.
Q1 will be fine for IPO but what does Q2 look like....
IPO drilled the most in month of April out of any cardium players. Is that because they are behind?
First time I in years YGR isnt drilling in april...maybe that is a good sign for Yangarra that they dont need to push the rig as hard as lasy year. YGR had to drill through break up last year...dont think was a choice.
For example, IPO had a 370 barrels of oil a day well in Feb and a 340. Didnt look at NG.
But in March those wells were 185 barrels on oil a day each. Running them hard obviously.
In march, yeah ipo had 2 more new high wells. A 426 barrel of oil and 400 of oil....but key question is will those delcine down to 180-200 fror month of April.
IPO production profile is going to be very choppy right now.
Prefer BNE Q2 to IPO's Q2 on production.