Does someone want to remind me of the intended flow rates from the high impact wells? If I recall, I was certainly higher than 100bopd.
Not saying this is a terrible result but the purpose of the high impact/high cost/high risk wells was that they would drill deeper and aim for much higher production. For MAD 100bopd is good but on the broader market it is a peanut rate.
Disclosure: I only hold MAD in my super account so I won't call myself a true holder just yet.
FDM Price at posting:
71.5¢ Sentiment: None Disclosure: Not Held