PYM pryme energy limited

updates and information, page-4

  1. 177 Posts.
    Hi Junglewoman,

    Not one for giving advice really! I see HC as a place where people think out loud about their investment ideas or decisions and bounce around their knowledge and ideas.

    The beauty with Pryme at the moment is that shareholders will hopefully get to see at least a 1 week flow rate for Deshotels (i am assuming that it will flow) before needing to make a decision regarding take up of entitlements. High IP would be great but the Cherry on top of the cake would be if they hit that fracture system at a good angle and good flow rates can be maintained for a while. As I have said before my guess is that the well will more than likely pay itself back, but it would be great for Pryme one (or both) of their first two Austin wells didn't decline as fast as most of these wells do.

    The let down on the Lake Catahoula front was that the drilling there provided a reliable 'fall back' if the Austin Chalk Campaign wasn't going so well.

    So it seems to me to be a wait and see game on the entitlement front. But everyone is different..... I do like Pryme though!

    Cheers,
    turtle

 
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