May Chart, page-11890

The problem with MAY in this drill is that the oil is heavy oil around a 20-24 API. It will have a slower flow rate based on its viscosity. Also the garbage about horizontal wells go research into OMA discovered a 2 TCF resource but needs to trial and error in horizontal wells which will again affect flow rate. Fundamentals are hit for MAY.

People will pump this for the pip before the drill to buy now and offload during the drill but it has no solid fundamentals for good quality product with good flow rates. The heavy oil it has will always be a burden on its fundamentals and flow rates. Needs dozens of wells to match solid production rates but your just increasing expenses significantly by doing this and again core fundamentals are hit

But the trading into the drill could make some people 30-40 percent before another dump. Wanted to touch it for this drill to buy now and dump later for a quick gain but fundamentally the way this is structured for heavy oil and the risk associated with the idea of flowing heavy oil at a good rate not looking good but people will be pumping this for the quick flip like flambeau and Kit67 which have bought on now for a quick flip coming up. So yeh let’s go MAY