You are correct about the Dec figure of 7mmcf/d av. I jumped the gun a bit and pinched the 6.7 rate from the Jan 13 report. I figure if the rate is 6.7mmcf two weeks in to Jan then the average rate for the month will likely be 6.7mmcf/d. The drop per month is the critical item to watch.
I think it is best to make judgements on what is most likely to happen rather than go on what one may hope will happen. Thats why I have no faith in the B24/25 (7 wells at Chets and not one successful) and no faith in 202 finding a separate source gas 400m away, there is no evidence to support that claim (201 & 202 would need to be separated by a fault). But theres always a chance :)
HOG Price at posting:
17.5¢ Sentiment: None Disclosure: Not Held