Post by
goldboyz2 on Apr 24, 2023 11:00pm
How Many Wells
Do we need before we get Sp appreciation above 50 cents. Considering a few months ago while gas prices were real high we only had 2nd well come on online. Prices have fallen as expected and we are now on Well #5. Art did say once 5-7 wells are online then the opertors would bump up flow rates significantly. We had 16mcf on last well and dialed back to 6mcf roughly, do we need 30-45mcf well to bump it back to 16 mcf to get sp appreciation? As some posters have said this will be a slow and steady climb over the next several years unless we have prices soar again in the coming months.
Well #5 should be online by May 20th ish ?
GB
Comment by
Lingcod on Apr 26, 2023 2:06pm
You nailed it. A long would never complain when another long sings the praises of the current MGMT and results. So obvious this is someone who is trying to game for his/her own benefit, sad. Thats why all the critique of Art and Trillion.
Comment by
Maxmoe on Apr 26, 2023 2:56pm
Yup, May as well double down with a trumpian tale of your largesse. Let's ask stormy. Go ahead and sell. Not only will we survive, we'll happily buy more. 16 or 18 ? What a crock. More fear mongering. Getting funny now. All shot, no powder. All hat, no cattle.