DW previously talked about an extension to the Franklins Bluff pad, so i guess that could also happen...
nevertheless... surely in order to be booking RESERVES, then the horizontals that are drilled, other than being for production setups, some of them will need to be some distance apart, so that they can show proven and probable reserves over an incrementally bigger area etc... and that is why if the first new pad and production setup gets done successfully, that they would move on to replicate it... unless taken over out by then...
i recall seeing that some of those previous takeovers of companies were going for like 10 to 20bucks per barrel (RESERVE category)... (although there is a number of ways to try to price these things in total...)
Ann: Operations Update, page-245
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