No News?, page-18

I agree - there was nothing really negative in the recent announcement - it basically said - wait and see..

I know people wanted flow data - but water inhibits hydrocarbon flow because it is denser and exerts considerable hydrostatic pressure and the flowback was mainly water. At 1730m TVD if it is all water we get 2,536psi - if all 50 API Oil 1,978psi - with a calculated bottom hole flowing pressure of 2,250 - 2,500 you can see the water impact.
So announcing incorrect flowing pressure and rates data would have been wrong - just like giving the top speed of a vehicle when it is third gear and not in top gear.

I have seen nothing definitive indicating reduced expectations - I hope another week will see another announcement - perhaps with the hoped for data.

joatmon