re: gathering momentum - rick Yeah , I know what you mean Rick , however I think generally the mkt is becoming better educated in USA plays with AYO / AMU / FAR / OPL / NEO / CPC / GGP etc all involved . The low flow rates are more than set off by the proximaty to infrastracture/sales etc and horizontals can turbocharge rates as you say..
Is it possible that each of the 6 oil zones may flow at .. say .. 100bopd each.. so therefore cumulative 600bopd and after frac/horizontal drilling 5~6000bopd ??
Wishful thinking .. I know :)
Btw , 175m oppies have changed hands in the past 8 weeks or so........... only 83m held by the original owners. 54% now held by Top 20 holders .. and I would suggest non-traders so its no surprise the volume is drying up.... next big volume day should be a decent spike north imo.
SALTY
NEO
nuenco nl
