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Re: BadgerRed post# 9261

Tuesday, 11/17/2015 9:58:08 PM

Tuesday, November 17, 2015 9:58:08 PM

Post# of 18992
It'd be nice to see the company's plan to reduce lifting and other costs. Also be nice to see their lifting design and strategy. There may be opportunities to cut costs and increase production (water flood, gas compression and injection, multi laterals, steam frac...). The problem with smaller companies with low yield fields, their recovery factors were initially set at 40-60%. New technology presents higher recovery opportunities.....but at what cost and versus what return?