I would just be happy to see 3 to 400 bopd.is very difficult to research this area and to get much info out of management is near impossible.i cant see why a mc of 30 to 50 mil would not be unreasonable if they can prove a reasonable flow rate.to get to this stage a few things need to change a cap raising and buy a decent rig which works,a change of management or change of pr person.this stock has not been pumped and exposed to investors.
My main concern is lar as operator.are theyup to the job.i dont believe so judging by past performance.if this was a 10000ft vertical and a 5000 ft horizontal and required 18 fracs to produce 2000 bopd i dont believe it would ever be finished.
10 locals could have dug this well by hand faster than this rig drilled it.
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