What we need nxt week is confirmation of operations having commenced & the interval (ie depth from-to). Once perforated the well could kick in straight away or take a little bit longer depending on the shut-in period, so b patient.
For those new to testing etc, suggest taking some timeout to read GGP's reports frm last year (May '09) when they prf'ted & flw'd J#2 well.
Logic says FP#1 should flow, given the elevated gas readings that were counterbalanced by use of heavy mud whilst drilling (std practive).
Anytime this is reported, it means the mud on the shale shakers is frothing badly b'coz of gas escaping frm the formation. So that satisfies the first & foremost criteria abt HC's being present downhole. All we need is flowrates now. Lets hope for a decent pressure reading.
VIL Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held