Although we don't know what the production has been for Jan + Feb, if they had been producing 5mmcf/d when the OGW article came out, they would have announced it.
My hunch (and its just that) is that they are just testing the wells for the IRR. Even if they produced now, they wouldn't get the cheque till after the farm is sold. They have been pumping thousands of barrels of water out of the wells yet the production data shows virtually zero for Nov + Dec. I'd say connected to the production infrastructure but choked right down, then tested to atmosphere.
MAE Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held
