I am not going to join in the pluses or minuses...but I am going to point out that the flare is nothing particularly impressive and I am not sure why they want to put it on another announcement (are they trying to reassure us that there is really gas?)
...Also, you are not going to get much more increase in the pressure until the next zone frac. The presence of remnant frac fluids etc is not going to hinder the pressure too much.
we have 2mmcfd, it will be interesting to see if they can frac another 3-5mmcfd out of it..remember it's not the lineal length of producing casing, it's the zoning. They have fracced 1 zone which is 15 ft long....and I am still not convinced about PB#1...
GDN will not improve it's position until it has demonstrated commercial gas flows. At best it's sitting on a 2P reserve at present, when realistically, after 5 years they should be on at least a 3P reserve
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I am not going to join in the pluses or minuses...but I am going...
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