Post by
Bennys65 on Aug 04, 2024 5:28am
Waterflood
Hwx numbers give us a look at where tve is going with waterfflood In their core martin hills holding hwx hasnt drilled a new well since feb 2023 In the last 8 months production has remained flat at 7000 bpd.They still have 2 more sections to flood this year There are two benches to flood and they have onlyf flooded one yet the upper bench improved as well First reaction in clearwater waterflood gas oil ratio improves next production stops dropping and then rises All of this is very bullish as tve expects to increase waterflood in second half.
Comment by
MLEWICKIMBA on Aug 04, 2024 10:21am
It would be nice to have this reflected in the stock price Bennys65.