spp timing, page-7

I really don't think its a "gag" order.

Couple of musings from other writers...

May 2nd,

"The one play that does seem to be working very well for Halcon is its new Eagle Ford play in East Texas, where it announced two wells with 30 day IP rates of almost 1,000 barrels of oil per day."

I can't find such an announcement from HK. I've seen Richard Zeits with the last 2 wells (Stifflemire and Reveille) an IP24H > 1,000, but they were put on production in Mar.

Which leaves wells that were put on production between Mar 20 and Apr 1 (to be able to get IP30D by May 2nd). Possibly this author is not in the know???

My conclusion - nothing to see in the comment.


Now from investor on US investor site re HK...

"The industry as a whole reports a 24 hour IP in its initial well report filed with the state mineral agencies. If you can make your way through the state databases to a timely filing, you may well see the completion report well before the end of the first 30 days of production. That is where the IP of 24 hours comes from. The IP30s or longer are not required anywhere that I know of. This is a company with a lot of wells in process, It's responsible to suggest that they owe weekly breakouts with individual well IP30s or whatever. That's something that's more likely to happen to a Canadian micro cap that might be lucky to drill a relatively handful of wells in a year."

Conclusion - probably have to ask for IP30 - not required to be filed. Have done so.