key take homes....352 BOEPD....
Point 1. - no shit sherlock. that tends to be what happens (increased flow rate) when you increase the stroke rate...pretty annoying when you get lame comments like these dot pointed with the other really critical bits of info?
Point 2. - 22.5 boe gas means production of oil is 325 BOPD....
Point 3. - no water!!
Point 4....??? does not get a mention as a bullet point, but perhaps one of the more critical observations...fluid level in the well remains static - i.e. no depletion evident after 4 days at this pump rate...(although they havent told us what the OWC is doing)
Point 5....$800k drill and completion per well - staggeringly low - expect the same well to set you back $3M-$4M in oz. The company can afford to chase the Ellenburger potential...
Point 6....recompletion of 3902? I had said earlier that they would be looking to modify the program to look for more Ellenburger targets...now dear MD, where is 3902 located??? who drilled it and when?? what did it intersect?? Are these not petinent info that should be publicised to SH to tell us where our money is going/being spent?
Point 7...still baffled as to the lopped off lease areas to the west...is it real? or typo?
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