If AUS11 is only producing from 3 stages and would need to to be worked over, would it be the same rig currently on SOA? The next ? would be is AUS11 workover next or CLIPPER?
Regarding the SOA11, this could be the most important wells drilled to date. If successful, I would much rather see them drill fast verticle wells and get 100 bopd/well than the horizotal wells that take over 6 months and constant delays. Not to mention money is going down faster than any production results. I know the argument for greater production w/the horizontal wells, but I say lets get some oil first w/the verticles and go for the bigger wells after SSN becomes proftiable! GLTA
SSN Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held