Post by
drunk@noon on May 14, 2024 9:42pm
It is absurd to off handley mention, oh yeah, the wells
from the casandra field, well they aren't behaving all that well, but, you see, if we frac them, then they just might act as we expected. THE WHOLE INTRINSIC VLUE OF THE COMPANY IS BASED ON THE ALLEGED RESEVES FROM THE CASANDRA FIELD!!!! Reserves are a best guest by a so-called third party, in this case based on theshort term testing of one well.
Look at Coho. How's that working out. Gas dribbling out at 2.5 mmcf. Tested at 16MMCF and fuzzy nts was calling it a world class find.
Where is that FN conf call.
Comment by
EquityHawk on May 15, 2024 10:06am
Don't count out coho yet. I'm guessing that 2.5 has more to do with the shell plant than what the well can actually produce. Keep in mind also that all the wells we are producing from at coho and casc were drilled as exploration wells not production wells. Production wells are designed and much better set-up for... production.