early birds club , page-9

quarterly update Gee they snuck that activities report in quietly hey what! I almost missed an interesting if brief read.
Well spotted re neighbouring flow rates Sandy. I'm not dissapointed. Don't forget there are two producing wells on this block EACH producing over 500 barrels/day and is well possible to have muliple producing wells. It aint necessarily so that flow rates will be identical for both leases. Of course we wont know till is drilled and if successful will need flow rate testing too. And don't forget the upside potential too;
I figure your math is pretty close per well. Potential cash flow may have dissapointed you Sandy but don't forget to cross reference it vis. GLX market cap, which at 8 mill approx would demand a re-rate with such income stream.