RE:RE:new managment
As the gas flow rates of the first four wells are indeed disappointing, TCF is hiding the values and is now hoping that wells 5 and 6 will compensate for this. The overall results of the entire VS workover programme will therefore not be good as the 2 additional wells will not compensate for this. This is certainly the explanation for the delay in the flow rates of wells 1-4. The financial returns will not be convincing and whoever succeeds Art Halleran will have a huge problem with the company's debt mountain.