Yeah I know, I always seem to be long way in front of the market.for.some reason but it will get here.
That lateral is only 1km long, so double that when production drilling starts.
The first well they drill will be the worst one due to completion tech improvements.
Cost of drilling will fall dramatically as pad drilling is implemented
I know the number is 308 bopd but to my eyes it's like 1000 bopd cause that's what the tech improvements will bring, it's still a couple of years off but the AUT example has never been more pertinent imo.
MKE Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held