You are right, Jessie#1 pressure is low @ from memory 2200psi....

You are right, Jessie#1 pressure is low @ from memory 2200psi. Doe Canyon is @ 3500psi for 20mcfd, water travels to low pressure points.
My friend and I did some calcs for the hyrostatic flow pressure required with water at our hole depth.( For those interested the formula is p= rho*g*d where p is pressure, pho is liquid density and g is gravity.)
Again from memory we got a figure 3500. So we need to increase the pressure or remove the water as per previous stated options. Or sink another well. I would speculate that the worse case scenario is and the market price is reflecting that, we will sink another well but I would point out though that we should remain bullish as we now know we have helium and once we re-enter the well we will be able to determine if we can separate the water or where the water is so our next well will be free from water at even higher pressure = higher flow rates = more money = need to be patient = 35m mc with 10m in bank = 25m mc with proven resource = cheep cheep cheep = buy buy buy.