Latest inspection dated 31/1/2013
http://ogccweblink.state.co.us/DownloadDocument.aspx?DocumentId=3054820
The site is clearly set up for oil producution, yes,,, oil production. Onsite capacity (steel AST) 400BBLS and a pump jack (Capacity not shown). If they are upgrading the pump, would they also upgrade onsite capacity?
Inspection also lists a prime mover as equipment onsite(Utilisation - Natural Gas)
So I guess we CAN take the companies word for it after all. There is oil in Fremont County regardless of the opinions of other so called "experts" here on HC. We have knowledgeable and talented individuals taking care of our investment.
The only thing that remains to be seen are flow rates. Which from recent company announcements, yes,,,, "company" anouncements, are set to surprise.
Now, if we can just keep the DT's away(Just stay at ICG for a while, ok)
apc q4 results - commentary wattenberg, page-17
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