“The well will be drilled in direct continuation of the...

“The well will be drilled in direct continuation of the completion operations on the SM71 F4 and is expected to commence around 1 March 2020.The SM 71 F4 well is expected to commence production in 4-6 weeks.The SM71 F5, will test a portion of the D5 Sand reservoir that may be poorly drained, if at all, by the SM71 F3 well. The primary D5 Sand has now produced over 2 million barrels of oil, water free, from the Byron operated SM71 F1 and F3 wells since March of 2018. The SM71 F5 has a planned total depth of 8,788 feet measured depth (7,768 feet true vertical depth) and is expected to take 25 days to drill and evaluate. If the well is successful, completion operations would follow immediately and take another 14 days.”

Looking forward to the F4 flow rates late March to early April followed by F5 flow rates about a month later...