Someone on the forum had mentioned and speculating of a motives behind the switch from Horizontal to Vertical well that could be due to a per-arrangement with a farm-in already in place?.
I couldn't find the person's post again as there is ridiculously too many post to go through but out of curiosity, I had a good look at our September 2016 presentation and compared it with the June 2016 presentation and realise there were 2 changes on page 5 and the 3rd dot point on both presentations were of a peculiar interest.
The June presentation states:
- Secure JV / Funding Partner
- Spud Icewine #2H Horizontal Well (with multi-stage stimulation) HRZ Production Test
The September presentation states:
- Farm-out Icewine#2 (if accretive)
- Spud Icewine #2 Vertical well (with multi-stage stimulation) HRZ / HUE Production Test
The wordings and the way it was changed to Farm-out Icewine#2 (if accretive) parts just seemed out of place, suggesting there could be more to just what is written here. They could've just left it as Secure JV/ Funding Partner, but they've chosen to change this part as well.
I've been watching too much Making a Murderer documentary and started to sound like one of those forensic cops, but hey, it's worth mentioning.
This is all a speculation so please don't hold me accountable on this.
DYOR all expression here are IMO.
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