American Energy Production Inc(fka AENP)

[ctb]

As has been batted around before, the well has other interesting formations to exploit, and they'll probably attempt to do so at some point in the future. I don't think the initial numbers are necessarily all that this well will produce. Could be less over time - and very well could be more in the long run.

They had been hoping for permission from the landowner to drill an injection well to deal with the water, but did not receive such, and that hurts their bottom line having to cart away the water. But OTOH $110+ oil helps the bottom line.

We know nothing yet about the Evans-Overstreet except that a completion report was filed. Unless Steve has tracked more on that down too.