Mattlee,the differnce is these are horizontals and fraccing every 300feet.
Zavanna started drilling another well without finishing gene-1 and a lot of companies are confident enough to have 2 or 3 wells waiting for frac.
Another permit issued for a development well yesterday in the stockyard creek field.
It's on block 4 issued to BTA oil producers.
Just above ssn blocks.
The last well that zavanna drilled was bobcat
(see presentation),a 16 stage frac just like gene and had initial production of 2303 boed.
Even if gene comes in at half that it will be excellent news.
Mattlee,the differnce is these are horizontals and fraccing...
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