ADI 2.35% $3.05 apn industria reit

halfway through january, page-14

  1. 7,782 Posts.
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    i doubt if any of the jvp directors are impressed with the kowalik down hole issues. and as an investor i am sure i am not alone in the feeling of disappointment.

    with kowalik there is a 4 stage frac sitting there ready to flow as as soon as they get access past where the liner issues are. pulling out of hole and going back to the drawing board imho is a practical way to go. there are operation priorities with kennedy needing a multi stage frac done and a new well, easley, being drilled, both starting today

    my own view on kowalik is that the frac completed gave indications of success during the stimulation process. and i dont think any remedy on the well to get a liner into the section they are aiming for is going to change the result of the frac already completed. i am speculating that kowalik down hole issues are going to lessen the desire to complete a multistage frac on the small section available at kowalik imho


    right now with a new well being drilled at easley, and kennedy having a multistage frac started on it will bring a new level of speculation on the jvp.

    which process will get the most success? each completion in the eagleford seems to bring better understandings, but in adopting the massive multistage frac process in the kennedy and weston laterals will bring far more connectivity than the featherduster fracs attempted thus far on the kennedy well a while back..

    i think the new generation of wells tcei/hilcorp are drilling will be along the methods of fast and underbalanced like what is drilled in the west texas eagleford right now. petrohawk have a 100% success rate on that formation. and its obvious that conoco is following the same principles with their wells also being rapid completions.. indicating that underbalanced is no longer a desire for them also,,


    there is a lot of activity on the morgan pad site, so keeping a close watch there also..

 
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