It is good to be positive and I personally wanted sombrero to succeed but I have some reservations:
If you read the all the first company anns BEFORE they find any traces of oil, you won't see the mention of San Andres formation as being productive in the area, only after they could not find anything in the other formations they started spruiking San Andres as being productive, go back to the older anns and check if you like!
2- Is the well now on a pump or those 5-15 BOPD flowing naturally ? can you put a well on a pump while there is a sand blockage ? the ann is quite ambiguous I have to say!
I hope it is like you say though and it can produce a little more.
OTE Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
