In the past 6 months EOG has drilled a half circle of wells around Jake(as you kmow only 4 miles from Bull to start with) and has just permitted another bunch of wildcats in the next ring out. All horizontals and I expect all drilled to date are producers. EOG should be already some distance down the track of optimising the engineering for this location.
I need to do some more homework but I think a couple of the new EOG wells should be reporting production to the authorities around now.
The impact to Bull is a little off the radar as Bull is in Laramie reporting to Wyoming and Jake over the Colorado border in Weld.
SEA Price at posting:
44.5¢ Sentiment: Hold Disclosure: Held
