Hi willeydel and others,Another interesting point is that while...

Hi willeydel and others,
Another interesting point is that while GGP will have 4 producing wells in the PB within weeks it has chosen not to produce from the cline which is the most exciting new discovery in the PB and the prime reason that our neighbour Broadoak was taken over by Laredo.
It also appears to be the reason that SRH1 produced over 1200 barrells in just 4 days.
You would expect a small company like GGP would eagerly purue production from this level unless it had a better plan that would add more value. The company has already suggested it looks like a horrizontal candidate and SRH 2 & 3. are side by side and share the same storage tanks so SG appears confident enough to save this zone for the future..

Agree that Bowtie and EF announcements are overdue. I reckon that EF2 would have been spudded 3 weeks ago.
Maybe management have got tired of all the phone calls and emails questioning every announcement and decided to just make a few bigger ones.
Whatever is the case in looks like any announcement would be positive for he SP. 500bpd from the PB and 45 from Dugas and GGP could fund a verticle well every 6 weeks and pay its admin also. Not impossible with 4 wells in the PB. Bowtie and EF would be a good bonus.