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Dwrvt

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Dwrvt

Re: Papa Bear post# 12521

Saturday, 03/22/2014 10:52:04 AM

Saturday, March 22, 2014 10:52:04 AM

Post# of 50227
O.K. read filing again, no acid jobs done, etc...just new down hole pumps and new liner pipe on 5 wells.

What was the burn rate (daily cost of rig and crew to work over well) on just doing that?

Bet they lost a ton of money doing this procedure on those 5 wells, doing an acid job or other enhancement technique would of raised production by alot more than 8-10bopd. Rig was there too and they incurred the expense of pulling and relining why not at least do an acid job?!

Plugged 7 wells another huge money loser.

I am lost so far on this one.

WHEN YOU DEPEND ON OTHER'S PERCEPTIONS TO MATCH YOUR EXPECTATIONS,
YOU'RE SETTING YOURSELF UP FOR DISAPPOINTMENT.

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