Hey, I might be wrong in assuming this but it seems quite logical. They are currently running at 2.0mmcf/d pressure 450psi. Previously 2.3mmcf/d pressure 240psi A crude calc would be if you half the pressure you double the flow ( seems logical to me ) therefore they could at a 58/64th choke be running quite close to 4mmcf/d... realistically 3.5mmcf/d minimum. They are still pulling a heap of water so without water restriction this could yet exceed their target estimates. Ad to that the Nitrogen lift and it could be huge. I still can't believe the negativity from the market about this operation noted highly by comments in this thread about it maybe not being viable? If it is day traders smashing the stock i'd really like to see some big boys get on board and support this soon to clean them out. At what point will this be seen as a no brainer?
TSV Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
