McLeod 6-8 tested with 4.3 mmcf/d (equal to 717 boe/d). If it starts producing at 1.7 mmcf/d (equal to 200 boe/d net to ROL) the forecast for McLeod 2006/2007 (200 boe/d risked) is already fulfilled. The remaining 3 wells (to be drilled if downspacing is approved) are benefits.
The two successful Teepee wells have proved that the Teepee oil trend extends to Northwest and Southeast. Here we can expect production and reserve increases that were also not included in the forecast.
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