RE: prices19 Aug 2019 13:01
Classic information game. Leave the choke on the well for better or worst then there is no improvement to report. With the constant reference to well 38 if feels like a desperate attempt to redirect attention away from 16z regardless. It would be interesting to hear what the composition of the fluid is now after 3 weeks of control. Is it still drilling fluid, oil, water, or is the whole thing struggling to flow?
Hard to say if there is a plan to smash the price down, the well is borked, or they have been caught off guard. Time will tell I guess.