Hi Johhny,
Don`t want to detract from a great post but the 1st well #6 was spudded in Oct and due to be fracced in Nov and on Production in Dec according to SG AGM Investor presentation on Nov 30
#8 was due to be on production in January. According to the Dec 28 annoucement #6 was within days of being connected to the gas pipeline suggesting it would be on production when the gas line was complete.
#6 is running between 4 weeks and 8 weeks behind depending on where you want to throw the dart as the december start date.
#8 was due to start production in January. Its running closer to the schedule but is yet to go on production according to todays announcement.
There is something more to come from #6. I look forward to its steady flow rate as the well starts to pay itself off.
Still a great start at putting value into the company and realising that fraccing and unloading the fluid and then getting the well to a steady flow rate can take 3-4 months.
This is still a very short period for a discovery.
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