@GiveUsAChance posted a link to an article which related to unconventional oil production and stated the fact that I highlighted. My understanding is that if oil needs to be fracture stimulated to be extracted, it is classified as unconventional and I believe that the Mustang wells are fracked. Apologies if I have this wrong and I am not trying to make any issue than to understand the potential for the company. As I stated in my post, I am not familiar with the exact production profile of the wells that Winchester are drilling and so I am not making any direct assumptions about what their declines could be. WEL have done exceptionally well to drill as many successful holes as they have and their production results for this quarter will undoubtedly be impressive.
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