Ann: Wizard Lake Rex Drilling Update, page-15

Hey Krao

I think you are being far to pessimistic, as I expect that if the results are good a second well will be drilled straight away.
They do have the rig there for drilling two wells.

I also expect connecting to pipelines and sales to commence by the end of the first quarter 2019.

They are expecting 250,000 boe per well drilled and fracked. Four wells to a million boe.
That’s a lot of money over the productive life of the wells.
Good things will happen with good flow rates.

All hinges on flow rates.

We’ll know soon.
Then it will be Christmas.

Saltbus