Hello board friends. Have been a bit laid back as I am waiting for the analysis of the flow test data by 3rd party. It could be the catalyst we have been looking for. I reckon it comes down to 3 key questions that we need an answer to. Here they are , IMHO
1. How much gas will the well flow?
I know it is a bit foolhardy to predict flow rates before the analysis so am happy to wait. GJ mentioned that it might flow 3 mmscfd which would be brilliant. Anything more than that would be massive.
2. Where are they going to tie into the sales line?
They mentioned that they are looking st 3
options. Hope the tie in point is close and tie in costs are inexpensive and hopefully it can be done quickly.
3. How many other Borba analogues are there on our acreage?
This is the sleeper in my opinion. If the well flows 3 mmscfd and let’s dream that we have 5 look alikes. We could be produce 15 mmscfd before the end of the year. A bit mind boggling.
Hope you are all well, looking forward to your opinions. DYOR and share. Thanks
The Captain
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