Nathan..the J-52 well is looking very positive going by the quoted section from the presentation below.
"J-52 well is cleaning up on a flow rate of 750 bopd (over double the stabilised rate of J-50)"
Maybe we can trust that they really have learnt something since the J-50 well. It has almost been a month since they reported the initial flow rates for J-52. If the J-52 well continues to flow at 750BOPD and these flow rates are more representative of the mid-Triassic reservoir on Block 31 then we might see some serious SP action. We still need more confirmation than this little section from the presentation but I must say that my confidence is growing.
Link to Corporate Update - April 2011 Presentation
Nathan..the J-52 well is looking very positive going by the...
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