87 Crash- some very good points. for me I'd like to see an appraisal drilling program that indicates they can deliver a 10,000 ft lateral successfully drilled with a good success rate, fracked and producing at commercial rates (threshold for commercial rates is unclear to me as yet, maybe 15 or 20+ IP at average decline curves?). Obviously the horse may bolt for the market at that point, so it obviously that strategy requires reading tea leaves in advance of the market, easier said than done...
On the plus side - yesterday's sat image of the flare looked pretty good - still reading tea leaves, and it depends on choke etc, and only 5 day sat image intervals so hard to make anything of it, but probably not a bad result toward the IP90 testing...
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