re: Ann: Sugarkane Field Operations and Produ... Surprised there hasn't been a response to this yet.
First evidence of the HiWay frac results look good,the two Chapman wells averaged 545 boepd compared to 412 for the two Hierholzer wells. This is a 32% increase, exactly matches what HK were reporting as their increase in the oil window.
First report of NGLs as well, company estimates 80-90 bbls a day. I read a report yesterday from Morning star where they estimate NGLs are receiving 60% of WTI crude price when stripped.
Link: http://news.morningstar.com/articlenet/article.aspx?id=387242
Pretty sure that the Euroz reports were using 50% of the the oil price.
Also good to see the high barrel of oil/mmscf ratio
Ann: Sugarkane Field Operations and Production Up, page-2
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