Thake out capital exp of production workover and cap expense or production connection . Lets hope the flow test shows promise and if any of the downhole work showed a thicker possibly more produltive area . Flow rate and connection cost and ultimately volume that can be extracted is key to cash flow of new well. Be nice if it works out and oil stays high. Might actually geta high hedge locked in going forward if they know what they can produce.
ADX Price at posting:
0.8¢ Sentiment: None Disclosure: Held
