SHE 10.0% 1.1¢ stonehorse energy limited

Ann: Canadian Operations Update, page-6

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    So Caroline looks like it is exceeding expectations by a long way, and in fact continuing to improve month-on-month. Can't wait to see end March cash position

    However Wapiti looks to be well short of expectations, and not sure if any further stim work is going to be required here to boost flow rates. 290 BOEPD for IP60 is woeful. At least we only have ~18% of that one

    Probably a good reminder in why diversifying across multiple different Working Interests is a sound strategy...not every well will turn out to be a Jewell / Caroline gusher

    ps - David still hasn't bought any shares...??
 
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