"Hilcorp acquires properties late in their productive lives with a goal of boosting production through recompletions, workover and repair of downhole hardware, restimulation of the wellbore/reservoir interface, and refracturing of reservoir rock."
So, just the guys to deal with our over-pressured partially fractured reservoirs.
They've shown what they can do with re-fracturing.
Hopefully Weston late next week or early the following. Can't get a feel for the drilling because they seemed to stall around the shallower mid-range doing logging. Kowalik - we don't know if they have a plan but they will need a spare workover rig I would imagine.
ADI Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held