April production - 1281 bopd
220 bopd (21%) increase over previous month.
Considering the extra rigs due and growth rate over previous 6 months, May should increase by about 320bopd considering May is a 31 day month.
a)May development well total = 1281 + 320 = 1601bopd
b)May high impact wells:
- 'W Shenck #116 - Swab >100bopd. On pump = say 150bopd average for month.
- Gross #185 - Cored and Logged = No idea bopd
TOTAL MAY PRODUCTION = 1601bopd + 150bopd = 1751bopd minimum
Before the naysayer say nay. Think back a few days. Who expected as much as 1196bopd average for 28 days in April?
The company is now exceeding expectations. Thx
crucial fact, page-6
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