Ann: Operational Advisory , page-31

Hi,

Let us look at facts for SOAII.

31/5 - there is total of 220 ' of gross pay sands.

14/6 - 146' of lower perm/Penn was perforated with swab rates of unto

240 bfpd with oil cut of around 20% meaning approx 48 bopd recovered

13/7 - that 146' of. Lower perm/Penn contain 31' of log pay which will be fracked.

So this 31' of log pay was yielding around 48 bopd.

Now we are going to frack another 30' of log pay in upper perm sands. If this sand reservoir is like the lower one and fracking only increase by 2 then we should expect a flow of (48 + 47 from upper perm) * 2 = 190 bopd.

So the mystery here is the flow from upper perm sands. As per 28/5 advisory , the tone was most bullish about this zone.

If my interpretations are correct, then we are in for a big surprise come next week.