north pert basin, page-23

Sure.....they've quoted 330 for the new well plus 100 for the re-completions...the 330 number could easily improve once more tanks are in and they are confident about the well pressure and well condition (if it could handle a high flow rate).....the 430 could easily be 500 in a few weeks..sure...it could go down but for the sake of this ramble i'm taking a glass half full attitude...they have the extra dough after the raising...they said they are going to be aggressive with AD now.....they've announced poole 1 will be in June...I think they have approval now for 5 pooles and 2 are caprock drills....cheap and quick to drill plus the other three....am I being too logical here??....a management team with skin in the game, excited about their last find, clearly motivated, money in the bank, been approved to drill multiple wells...said they are going to be aggressive...plus the other leases....