Listened through the presentation. Nothing we don't already know.
RE: Rainbow project
- Continental will operate first well
- SSN are transferring the permit to Continental (as previously discussed here)
- June is target.
- Well will be 1280 lateral.
It was noted that there are no producing wells on our acreage and the well being drilled is on the smaller working interest acreage.
As previously noted Terry will be looking to increase the acreage in the Bakken to increase growth beyond 2016, whilst still pursuing the potential of our Goshen acreage.
We should still expect an update this week.
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