the production rate is 525 bbl oil per day and they think: The oil rate is continuing to improve as overall load fluid recoveries increase
For me it looks like that there is a good chnce that after the clean up the well will perform better. Ofcourse there is a chance we get a higher water cut and we find broken egs in our MPO basket before we can sell too.
But I would have expected a bigger + today. Production rate is and will be our shareprice driver.
MPO Price at posting:
53.5¢ Sentiment: None Disclosure: Not Held