Should be time for an update on both WH#4 & Arledge16#2"extracts from Winchester Announcement on the 11/12/2019 "At the Mustang Oil Field, the White Hat 20#4 well has been fracced and is now being swabbed, presently recovering oil and frac fluid. Encouragingly the frac appears to have penetrated a more permeable zone than anticipated". WH#4 should have initial flow rates fraccing fluid should of cleaned up by now &
"Arledge 16#2 will be on pump for at least five days prior to the next planned perforation. Interval 4, which will test a highly prospective sand with conventional reservoir properties.The current completion program is staged to allow the company to assess the production and reservoir characteristics of each individual interval".
Winchester may try and hold back announcement till the start of the new year so they can capitalize on thier success.
PS lots of trading in the last 10 minutes of trading today good size orders changing hands. Someone wanted a big piece of the pie.
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Should be time for an update on both WH#4 & Arledge16#2"extracts...
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