From 1 well, on a very restricted choke, 75% Working Interest and oil at $138 per barrel. Things are looking up for AZZ. I wonder how much it will flow when they finish upgrading the storage facilities and open up the choke.
Stewart 1 is next and perhaps the Yellow Rose prospect after that. Has anyone done any research on Yellow Rose? I believe they are targeting the Edwards trend. Pioneer Natural Resources is getting 60 MMcfd from the Edwards trend just down from Yellow Rose.
I think the next time AZZ enter the 200 BCF+ Rowena structure, they should use the stim guns first!
AZZ Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held