i think we are forgetting the original flow expectations from the 2 wells was ~2,500-3,500 bopd so we have exceeded the initial expectations by far yet the SP reaction has remained muted. Will be good to see the cashflow and the forward use of these funds in the quarterly ....
I would imagine they have plenty of cash to fund forward looking drills now so hope they can tee up some near term GOM drills to really get the SP humming. Lets hope we can get some more reputable brokerage firms covering OEL going forward ....
Ann: SM 71 Operations Update, page-41
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