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Re: eom7 post# 197

Tuesday, 01/07/2014 2:45:39 PM

Tuesday, January 07, 2014 2:45:39 PM

Post# of 230
I wouldn't agree that they're giving up on the earlier wells-

Seems to me they can already use the info from the earlier wells,and need to get the biggest return on the current CAPEX budget by initiating further exploration in other high graded areas from the recently completed seismic.

Seems they determined that the earlier three wells are all in need of expensive redrilling so why spend the money now when the money can be put to better use elsewhere?

futr

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