Not withstanding success at roundhouse,i would have preferred that the olmos horizontal be drilled first.
They previously intended to drill 2 verticle wells during 2013,although a well placed lateral should give 4 times the production for 3 times the well cost.
Another positive for this acreage is that wheeler 1 produced much higher quantities of oil to gas,than the previously monetised olmos acreage.
All the best.
TPD Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held
