There is no reason that this well will not come in between 3000- 5000 bopd based on what other wells have come in at after being successfully production tested within the Abiod Formation. The Abiod Formation from all my research can be a very prolific producer of oil. It also gives me greater confidence that 12 km's down the road is a producing oil and gas field with existing infrastructure close by. Question now is will it flow. All indications now say it will.
JKA Price at posting:
10.7¢ Sentiment: Buy Disclosure: Held