So SGC has an announcement and they hit gas. This is taken from their announcement:- This zone flowed gas on 12/64 inch choke at a rate of approximately 140 mcf/d with approximately 150 psi tubing pressure at the time testing concluded. No water was produced. Following the test, shut in tubing pressure rose to over 6000 psi within 32 hours. Is this good or bad??? Can someone explain what it means please?? I'm assuming that this is good news for MPE as they are nearby.
