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Re: braden112 post# 19632

Sunday, 08/19/2007 12:18:49 PM

Sunday, August 19, 2007 12:18:49 PM

Post# of 51429
I would be very, very surprised if it was. Knowing what we know about the area and the fact that this is a mature field, I think that we would be lucky with anything over 10BOPD.

After this many months of settling in I would bet we are getting anything from 10-20BOPD tops. Frankly that would be extremely good for a stripper well in a mature field there. 100 of those babies spread out across our current leases would be something. I'm sure something like that was the original business plan.

Now I am sure it is part of a greatly expanded business plan that includes new found oil and gas payzones some of which is not mature. Give these guys enough time and we'll be swimming in oil.

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