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Re: kelseyf post# 38653

Thursday, 08/14/2008 8:37:11 PM

Thursday, August 14, 2008 8:37:11 PM

Post# of 51429
Yes, quite possibly. No one has any idea how long it will maintain those pressures or whether or not they were exaggerated in the first place. Nor whether the mixture of gas and oil from this well will allow the oil to be recovered in the quantities you are implying.

I think we will be lucky to get 10-15 BOPD from this well after a month or two -IF we are lucky and IF they bother to tell us. That's still 3 times the average for the area, yet people are putting implications on the table of over 10-20 times the average for the area. Sorry, I don't buy it.

All we have are the facts and the facts are that Keith has overstated expectations in the past and that he has failed to follow through with numbers (so as not to confirm that they were overstated in my opinion).

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