Sorry Wilson, did not mean to miss it. Why install production equipment if the wells are not confirmed to be commercial? Very good question. And you are correct I don't have the answer for this. I am not that deep in the oil game. What is the normal procedure of testing a well? If the well is flowing oil but it is unknown of its potential and you need to perform a production test over x days, where does the oil go during this test time? I am sure there isn't a dude filling up a line of barrels with a hose. How do you separate the water and other unwanted fluids, gas, sediment if the equipment is not installed.
Don't get me wrong, I still believe SSN will get the plays to be commercial. Terry may be the man in many people's eye, but he and his team are learning on the job. These wells were never going to be an easy drill. It's all part of understanding the play. The wells will get easier to drill and they will be better and the plays evolve.
I just hate reading over inflated crap. There is no need for it. The wells will be commercial when TB says they are period.
SSN Price at posting:
9.8¢ Sentiment: None Disclosure: Not Held
