Thanks footy. I knew you would have some info on the Niobrara. I will check it out after this post.
Now, for all those 'dangerously uniformed' shareholders. Or downrampers, holding or not, here is a MAD overview on Texas Salt domes.
I would suggest you all view it - but for those who still, after all this time and all the info posted to inform you - still do not get the fact that TTE is producing WAY ABOVE the average for one well from a slat dome.....that you jump to
the heading on the right hand side titled:
"lower production wells all add up"
Also be sure to check : "the future of salt domes"
MAD is targeting 25 bopd. Their recent report stated 65 bopd (I think). The average for Texas Salt domes is........65 bopd.
Many US companies are drilling away happily knowing that 25 to 65 bopd WILL BE COST EFFECTIVE!!
These are relatively LOW COST WELLS TO DRILL.
So, argue from a position of fact.....not NON researched comments, please.
Here is the link:
www.maverickdrilling.com/overview-of-salt-domes/.aspx
All of the above is my personal opinion - but it is based on extensive research of salt domes in Texas. As always, DYOR.
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