I dont think this is much of an announcement. My concern is that they have had sometime to report production results from previous wells. We have received nothing of substance. I suspect that these wells are perhaps only producing 5-10 bbls per day if that. I hope I am wrong, but there should have been some results by now. We all know there is oil in beds 4 and 5 , but how much and whats the flow rate? I suspect the sp will be dragging on the bottom until santos really get involved.
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