Your question on the work over rig does beg an answer though, not sure why they would need to clean up the production tubing now, unless as you say nothing has been done, maybe a rig wasn't available until now, who knows but it's hard to see through these muddied waters lol, you can send a question through BRR and A Mac will answer it, just a thought as I have done it before regarding FP-1 and the rates from the lower zone.
The rest sounds really good, seismic isn't always released to the general market but they sound positive and if the are going to throw money at a second well then the first should be ok.
Production from Bullseye was a conservative estimate at $35,000 and may be factored over a set time span as it is a depleted well and rates may diminish or fall off as the life of the well continues, they have other zones in these wells that can be perforated when the zones they are in become uneconomical so there is still life in these wells for a while it seems. An increase to $50,000 sounds good though, saves me having to foot the bill for A Mac lol.
VIL Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
