expectation

Just some thoughts I had on reading peoples reaction to the flow rates at S2.

The expectation for ITC is growing by the day and even when a modest flow comes through we are no longer interested.

Back when Growler was found we all got very excited flow rates 100bopd. Now we get 200+ bopd probably on reduced choke and the market just says okay.

Ever since we hit the channel sands in G3 and got the gusher as DaveyF puts it our expectation is now much higher knowing that these sands do exist, the 3D seismic obviously is successful in delineating these sands and the neighbouring Charo field with its 400 bopd from some of its wells.

All in all the plot thickens with more and more oil wells at commercial levels.

We look forward to Tigercat but to be fair this won;t be earth shattering after discussing it with the company some time ago but none the less its more oil that adds to the bottom line.

Huge 6-12 months ahead for this little company.