A quick look at this months Inv preso ( pg 12) which shows the two wells that gazelle 3 and 4 are twining ( ivco 14 and gazelle 1) and a quick cross check to the flow rates achieved ivco 14 2983 bopd and 12 mcf of gas and gazelle 1, 39 mcf and 890 condensate and add that to the fact they think these historic wells clipped the edges and missed other productive sands and then consider these produced with drilling and completion techniques that are 30 years old - then one can see this is both low risk and huge upside.
The oil and gas is there and we no it's productive - the question how more can they make the wells flow , the higher the flow rate the less Dev wells.
A quick look at this months Inv preso ( pg 12) which shows the...
Add to My Watchlist
What is My Watchlist?