RE: A New Leaf for UJO? - Respect for U S posters.10 Apr 2024 11:24
Halito, ( Hello in Oklahoman )
Data going back to 1990 through to August 2023 suggests that 15,802 wells have been drilled.
230 BBLs of oil equivalent (BOE) was the average amount produced daily by a single well in Seminole County.
But there are higher producing wells :
https://www.mineralanswers.com/oklahoma/seminole-county
My view is that for David to state it is a major discovery puts us well above the average daily flow rate of 230BBLs. Notably I am sure that Miles an the team are already planning ahead to drill the next well(s). When you consider the initial RNS to us was February an by May we will be flowing the well is incredible speed against UK planning to production timescales.
With oil set to reach US$ 100 , imo, this year the revenues for Union Jack will be very impressive coupled with Wressle.
chi pisa la chike (until we meet again, see you later )