If the pundits on Hotcopper have correctly indentified Petsec's first onshore well then according to the latest Scout report (end Jan) the well was waiting on a completion rig after setting a 5" production casing over an interval of 1,930 feet. I am no expert on down hole completions but that sure as heck seems like a big lower miocene sand to me. The original well flowed 540 bopd and 16.7 mmcf a day so lets hope this side tracked and deepened well is just as good if not better.
PSA Price at posting:
0.0¢ Sentiment: None Disclosure: Held
