Ann: Bauer-15 Development Well exceeds expectations, page-2

Oh so now we net net pay and even what was expected. Nice Reg.

So reserves will be up, plus drilling costs will come down even further through using the same drilling pad. Very happy shareholder.

Brad and the DLS team have been very confident that Bauer has more to give as you go further north (and south, east and west)
.
I love how BPT continue to only show the 2P contours (green area on map). Why not give the market an idea of what the 3P contour is expected to be, especially since they have had a couple of years of production from the field, plus 15 wells (not including Bauer North-1) drilled.

For those that want to see what is possible/probable, this is some of the mapping that DLS/BPT put out over the past 4 years. Sorry its a bit rough, but I have work to do. Hopefully it shows that Bauer field has been proven bigger year on year... Today is no different. I look forward to DLS/BPT providing an updated 1P/2P/3P for the fields reserves.


All IMHO of course.