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good points and here's an examplewe drilled a vertical sunburst...

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retorn123

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04/09/22

12:26

Post #: 63508034
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Originally posted by Greenocean: ↑

Agree, a lot will depend on where the Blackspur assets production sits next Year and the WTI. The next drill program is important and focus will be on the bigger Thorsby wells as it should be.
On the plus side, a well that under produces is still producing, ie no dusters. The cheap wells do drill and plug in quickly for a fast result. Maybe with the new land acquisitions they can look to start finding and draining some new pools.

Agree, a matrix of some sort to indicate decline rates would be welcome for transparency.

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good points and here's an example

we drilled a vertical sunburst well in q1

to test if the sunburst pool extended

should have been a dud

production from that outside/edge of the pool vertical sunburst paid out the well at actual prices in about 4 months

its still doing 70 boepd but all cream now

Last edited by retorn123: 04/09/22

CE1 Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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