Timber, don't forget Glau in your bopd forward calcs. Hopefully we will know more in the quarterly report as to its prospects and drill timetable.
If it proves up as thought initial flows are likely to be very similar to NSA given the geology and depth is the same. Some of the NSA wells had initial flow rates of 1000bopd before natural decline took them lower.
With 3 wells already approved for Glau theres no hold up as per PV.
In hindsight, when they drilled North PV they should have drilled Central PV while the then existing permits were still valid.
NEN Price at posting:
31.5¢ Sentiment: LT Buy Disclosure: Held
