It was interesting to see who was asking the questions to Floyd people representing Oppenheimer, Barkleys, BMO capital markets, think Floyd also said average 30 day IP was 620 barrels in El Helcon now. and looking to increase % of resin in coated sands in new wells
Also said last two wells in El Helcon had shorter laterals think it was because of lease issues
Also interesting was over all its tenaments its expected capex (D @C,drill and complete ) is around 900M to $1B this year and expecting same next year
Also the average of all wells in EL Helcon is an outperformance occurring to type curve
Also 2 more completions next week.....................
Also mentioned have moved all rigs to Brazos county , but the execs have difficulty keeping up with where all the rigs are they said.
The above is not verbatum just fuzzy memory.
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