Ann: Gulf Coast Operational Update - Lightning and Don Julio 2, page-14

Maybe @OldGeo can help and explain to you what recompletion and moving up the well into further producible zones means. Good that you readily admit it is unlikely/impossible to be all producing at once. We also do not have the reservoir info for the zones. Does the shape of the graph imply anything to you.

What I have learned over many years, and has also been shown true for SM-71 production graph of (company i.e. BYE) estimates versus actual is that company projections are almost always high. Typically higher than company estimates come from HC posters.

I prefer reality checks. So on that basis why not wait until this zone has produced before going on to the other zones (which will require additional capital BTW).



@ronstieb
It was for 60 months, 6.8Bcf + 197MMBbls condy (I think that is high for the zone ... will need to see what the expectation is for the intervals)

	Tot Prod	6,387,777		197,152
1	Avg Price	$3.00		$60.00
2	$Gross	$19,163,330		$11,829,132
3	NRI	28.5%		28.5%
4	$NRI to OEL	$8,832,851