You state that Pad 1 is flawed and insinuate that it should be scrapped. If I were an STP engineer I would take personal offense to that statement. What do you think? That Pad 1's wells are made out of
fusilli? The SOLE difference between the wells is the vertical spacing between the injector and producer. The MAIN issue, however, for the lack of well conformance, is geology. The vertical spacing is just exacerbating the geological quicks. The ICDs have proven that their implementation can overcome the geological issue. How far they can overcome the geological AND vertical spacing issue will be revealed in time.
No ma'am. I flat out refuse to give in to the belief that Pad 1 is a washout until I see more production numbers come to light. Not with the crew STP has on hand, and the BRUTAL overtime that they put in during the HOLIDAYS. These guys will make it work. They have money on the line just like you and me, as well as a lot of pride on the line. If anyone here took a chance like I did to buy shares in the teens, we should be sending these guys cases of single-malt, thanking them for getting McKay back on track.
IF I am right about Pad 1's potential, I say we give Zanadu the mandate to pick the venue for our upcoming STP shareholder gathering in Calgary. I'm sure that the evening would take on an interesting tone.
Shat-