Just checked COGC website, Pierre must be set to spud in the coming days. Status has changed to DG, I would have thought this meant drilling commenced/underway. Must be wrong.
For those interested the link is below.
http://cogcc.state.co.us/cogis/FacilityDetail.asp?facid=04306225&type=WELL
Just curious, AKK management refer to Pathfinder Project as the companies flagship development. So if this is to be true, then EFS is not the main game for AKK. Shelconn I agree, this will be the wildcard, as it is only a portion of the Pathfinder project.
The Pierre target seems to represent cheap drilling in comparison to the expensive horizontals, and realistic target of an average of 110 BOE( approx.), which is what Comet has averaged near by.
One would or could imagine with 200 possible well locations,(if that means 200 wells targeting Pierre) quicker drilling and cheaper expenditure a possible result could be more profitable than our current arrangement in Burleson. Wait and see.
Just checked COGC website, Pierre must be set to spud in the...
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