New Miami was drilled around June 17th ish. They have stated that it takes 90 to 120 days for a well to be producing. This would mean some where between mid Sept. to Mid Oct. As I count on my fingers this would mean they have done exactly what they said they would do. The well must be a producer (how much, anyones guess at this point.) otherwise they would not be install a pump & equipment. Seems pretty clear to me.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.