Amistad will prove enough for any serious investor and it will show soon. That flow rate was only impeded by a shortness of about 500 to 600 psi and penetration into the well bore which, as Alexei alluded could have been seriously limited during the short test period due to mud cake etc plus the fact that it was mixed flow and a hydrostatically dead well. It’s got nothing to do with heavy oil. The heavy oil would easily flow to surface with 2000-5000 bopd with an extra 500PSI and sufficient replenishment rate into the well bore. It’s all intelligent speculation. Listen yes but believe at your own peril. Don’t appreciate your jab TC.
May Chart, page-10818
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Mkt cap ! $111.2M | |||
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| MAY (ASX) Chart |