In that same Qrtly DW stated that K2 required a work over to get it to the same performance as K3;
"We have seen a substantial improvement in productivity at Klebb 3 following the pump upgrade indicating the potential for a higher peak gas flow rate and EUR to be achieved from this well. We intend to replicate this upgrade at Klebb 2 during August."
That would take probs 6 weeks, so I am thinking we're looking at mid September before K2 comes back to the same point again.
Doesn't mean to say that they wont't be able to achieve commercial gas without K2!! K3 and K4 are massively improved performance with K1 plodding along just a little lower set than before.
This will achieve commercial gas IMO!
Looking at the buy/sell it appears the sellers are lining up in anticipation of this outcome. Buyers not there as they don't understand the achievement around the corner but I can easily see $0.20 as an open when they announce...
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