Just wanted to start a new thread to see what your thoughts and expectations are regarding the next update/announcement relating to the flow rates of Gene.
I am a self confessed novice when it comes to oil/gas but I have been thinking that an announcement may be ready to be made either by Monday or Tuesday next week at which time I believe they will have reached the 70% oil cut. This speculation comes from their previous 2 announcements, where it took 1 day to get from 40% to 45% oil cut. So assuming it continues to take 1 day per 5% increase in oil cut then that brings us to Monday/Tuesday to reach 70%.
Thoughts?
Also, is anyone expecting the company to announce and further information on the Gary well and or any additional acquisitions or plans to drill future wells. Do you think this will be disclosed at the same time as the final flow rates for Gene?
Hopefully some of you can provide further insight.
Have a great weekend!
SSN Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
