Texas, USA • • Molopo’s first three Wolfcamp Horizontal wells in the Fiesta project have been on pump since early May and have been producing at rates of between 300 boepd and 550 boepd in aggregate.
yes no there yet but it's a start I see MAD are happy getting 20bopd per well SSN isn't having much luck in there shales with consent problems with sand at defender spending millions trying to get 200bopd+ per well spent 40mill for if lucky extra 500-600bopd ....
only really started to look back into MPO recently after watching it be sold way down the the low 40's...has the cash& assets now will the wolfcamp prove to produce the big BOPD even 10x well 250-300boepd av. would be a success for 2012 imho (that and a sale of the QLD assets)
MPO Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
