Hi GiddyupMe thinks the market is not currently good at...

Hi Giddyup

Me thinks the market is not currently good at distinguishing "oil saturation" on both wells from "dust".

I'm not a technical person but the "expected" loer pressure on Niobrara wells explains why, for a given flow rate, they tend to deliver a higher resource size.

Have we "over pressured" the reservoir? I don't know but the permiability/porosity is otherwise good then maybe we are now applying exactly the right reservoir management strategy for defender.

What value the Muddy J Sand? Not negative IMHO especially as this formation is a proven producer.

It would be great if a technical person could comment on all of this and rebutt my uninformed speculation where necessary.

cheers