easley to take us into the 50's, page-2

Quite a party last night.

Kennedy is producing from about 2,200 ft and had a failed TCEI frac of 600 ft of that some time ago that blocked flow to a dribble.

Easley is planned to be 3 x the length and will be designed for the mode of completion (I presume).

ADI has told us that we can expect to be able to scale up on Kennedy flows.

Agent's figure just reflects what we have been told to expect.

If they deliver on that, we can start to think of what the figures might be if they can continue to replicate success.

Ignoring Kowalik for the time being, the free carry wells & fracs could produce 11,500bpd + 22mmcfgpd with 10% attributable to ADI.

Gross revenues of $100k/day attributable? $45k/day net? Annualised USD 15 million net - US cents 10 per share. That would support 50 cents?

That's before the drilling programme gets under way.

If that's what Hilcorp delivers, there's only one way that the SP can move whatever games are played.