The result would be horrific if you were stupid enough to think that heavy crude oil would be flowing at that rate.
Can you point out any wells in Cuba that are free flowing heavy crude oil without injection?? Chicken little market response, as they’ve said all along the deeper targets were always the more desirable and the shallower targets would be the bread and butter or did I read that wrong.
happy to wait for the main course and secure in the knowledge that the shallower units are commercial with flow rates North of 750bpd.
Although for the less knowledgeable I’m sure they’ll take their losses and try to recover at IVZ which will of course provide great opportunity for the traders
MAY Price at posting:
7.3¢ Sentiment: Hold Disclosure: Held
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