Big test will come soon as regards update on flow back. 17/9 ann states well intervention complete, so I am
assuming it was flowing from this day at least, as work-overs preceding this took 4 weeks. So the last ann
on 8/10 states it took 13 days to retrieve the plug. Assume 13 days well shut in. As of today 24/10, the well has
been in flow-back mode for 24 days. Last reported on 8/10 to be flowing back 229 bow & oil.
I estimate around 5000-6000 bow still needed to be recovered at the start of flow-back on 17/9. Assume
they averaged 200 bowpd. That's 4800 bow recovered. Anything from here would have to be 250 bowpd
if the flow is improving slightly from 8/10 @229 bowpd.
If we don't get an update within the next week it's starting to look like a carcass blowing in the wind
for mine, however unfortunate, as I am deeply in the red on the oppies also.
GLTAH
OEX Price at posting:
8.4¢ Sentiment: Hold Disclosure: Held
