UD-214 May 2018 04:02
After a weekend chillaxing, i have just read the majority of posts from Friday afternoon to Bugsy's @ 2219 As per usual, some great info from the usual stalwarts.
Zib got me a tad worried, when he stated that UD-2 could well be forgotten about, or something like that? Again, i have no idea what is going on there, the lack of info is perplexing. However, someone mentioned that they used a lot more proppant than what was first expected?? Was also mentioned (hypothetically) that some one ( a major ) could have asked FRR to put more proppant in, to get better feedback, and rates in the extended flow rate tests. My question is, if a "major/another entity" asked for this to happen, proppant aint that cheap, who would foot the bill to pay for the extra proppant? I wonder, if it was another entity, would the transaction appear in the full year results?
More likely i would surmise that said entity would ask maybe ask for more proppant to see if it increases flows, and FRR do this gladly, knowing that if flows are as good as said entity thinks, then FRR will get more $ back if a JV/Sale is to take place, all for the sake of a few bags of proppant.
Yep, i am rambling.
Have a good week all.