"This means the total oil column proven by the three Byron D5 wells is an astounding 1,160 feet. "
"The results of the SM71 F3 well in the D5 certainly were at the very high end of our expectations with the substantial increase in thickness in the D5 Sand interval."
"This has resulted in an increase in TVT oil pay thickness in the F2 well from the previously reported 117 feet TVT net oil pay to 132 feet TVT net oil pay. These net pay counts will be used in the Company’s annual reserve review and will result in a reserve upgrade for the D5 Sand. "
Can't wait to see the numbers for the reserve upgrade.....
6.5-7.0 cents today?
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