Now that JH has spoken to audience and with SH's, has any substantial detail been revealed for near-term plans for JW1? I understand horiz. fraccing doesnt seem viable for this single well. I also read about 8" pipes and 6" pipes and 'stuff used sealed the oil".
Is there any indication of further exploration/investment in getting JW1 generating oil? Are they planning on seeing what happens (or doesnt happen) with Surprise, then, re-looking at JW1 in light of what's found there?
While I painfully understand that JW1 didn't do anything at all as initially hoped, what I can't get a handle on is, is there ANY potential value left in all that work? What is their plan for this investment, how likely is it to eventually, slowly, come good, and what are the potential costs to monetise it? Would it be a better bet than drilling another hole altogether?
total layman so hope questions arent too naive
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