Gottsy given the cautious approach to solving the PD-1 issues mentioned by Stapleman I am expecting the flow rates to be lower than they were for PD-1. This is a good thing for the recovery factor of the reservoir.
Perhaps more interesting is what the flow rates may translate to in a horizontal format well. The GOC presentation suggests 370bopd initial rates. With a proposed 15 horizontal wells, thats as much as 5600bopd. Nice if it happens like that.
NEN Price at posting:
22.5¢ Sentiment: LT Buy Disclosure: Held