"Flow back operations commenced on March 23rd. This flow back is being undertaken with 15 individual frac plugs in place, these are required to facilitate the fraccing operations. The flow back is being controlled by design to ensure the proppant remains in place. The rate is therefore restricted down hole and is not representative of an initial production rate, which can only be determined after the frac plugs have been drilled out. This operation (planned as part of the completion) will be undertaken by the work over rig that is presently scheduled to be on site next week."
SSN Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held