Post by
minigoon on Mar 02, 2022 12:47pm
2nd sign !
The N/R today stating 1-30 numbers and cash pay out for the well was nothing new as they already had a N/R on all the good cash flow, ( thus why repeat it ) good way to increase the trading volume, all good !
Comment by
forwardflash on Mar 02, 2022 12:58pm
I have other thoughts as to their reason for repeating the PR. If I'm correct I'll share my thoughts if what I think happens. It seems to me there should have been more about the new well than the old one. Like the new wells depth and expected time left to reach the pay zone. Things they presently know about.
Comment by
jrk8888 on Mar 02, 2022 5:41pm
I think they are trying to remind people of how incredibly profitable this well is. They driiled, completed and tested the last well in about a month. I expect the same from 4-29 give or take a few days.. I really don't understand why you seem to be hand-wringing?
Comment by
forwardflash on Mar 02, 2022 6:42pm
Not going to argue the point.
Comment by
Shaawn359 on Mar 02, 2022 8:29pm
The previous numbers were $600,000/mth and now it's $1.2million/mth.... I think that's news!