re: Ann: Sugarloaf Production and Operations ...
I think there remains a lack of understanding of what has been achieved. To me proven 30 day flow from less than optimal length lateral in the chalks is very exciting, confirming the chalks are definitely in play. And nothing too shabby about the shale production from relatively short lateral also. When you compare with longer PetroHawk horizontals results are outstanding, and PetroHawk is certainly ahppy with their own numbers.
I believe we are almost at a point where we will see the 3 JV members start their marketing as the numbers are now so compelling even an average broker will understand them.
ADI Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
