I have always found DEK010's postings to be accurate. Thanks for passing on the info DEK010, I for one appreciate it.
Regarding the update, I think it's very good news that RR 11-17 has shown no signs of hydrates in the last 2 weeks or so. Remember this was the highest flowing well they had tested. It started off at 5mmcf/d and was at 7mmcf/d in Oct 2007. The higher flowing wells are more prone to hydrates.
Don't know how long its going to "finalise" part A of the reserve report, if they're waiting for the sp to recover I think that will take quite some time. Once people have seen the sp in the high 20's, they wont want to pay too much more without some positive news.
MAE Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held
