Not sure this is a great announcement.
25th Jan
Second test on C sand confirms higher than expected condensate rate of 405 barrels per day
18th Jan
419 bpd condensate flow rate from the C sand zone was significantly higher than expectation
25th Jan
Gas flow of 1.29 mmscf per day recorded over the last 24 hours of the second test, in line with earlier 8 hour test
18th Jan
1.27 mmcfd gas flow recorded over an 8 hour flow test (up from 0.5 mmcfd reported in April 2016)
25th Jan
Second test on C sand produced average water rate of 734 bpd indicating marginally higher rates from the initial 8 hour flow
18th Jan
An additional 24 hour test is planned on the C sand zone which is focused on observing the water flow rate (684 bpd at end of 8 hour test) from the zone
Where is everyone? Too busy selling? It seems we have movement since the announcement but unfortunately in the wrong direction. I think we will see the low 20's if something good doesn't happen quickly.
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