The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Ezhik i know AC has believed we’ll get to 1,000bopd on a few dates over the last 2.5yrs but in very recent interviews he seems extremely confident that we’ll get there by year end , to get there the 2 wells are going to have to produce pretty impressively, so I really think if he could speak honestly and openly over a glass of chianti he would believe we’ll get circa 300-500 from c-37 and 500-700 from c-30 . Don’t want to seem rampy and raise expectations here but if anyone believes that AC really believes 1,000bopd by year end the above must be what he’s looking for
Ajw I think lack of wire log feedback from UC over last 2 weeks means at c37 this is now all about middle Eocene, I believe UC will be a big producing zone in other area of our license moving forward. Also think we may be further on with cementing etc than you suggest
Meadow I don’t believe the payzone in c22 was in itself 100m but from the middle Eocene layer which is roughly 100m -150m, the same as here. I do believe we will get circa 350-500 out of c37 but would be happy with 209-250
Based on the times he’s mentioned the proximity of c22 and how it produced 700bopd I believe AC is definitely expecting this well to produce 350-500. I would be happy with 250, I must say 150 would for me personally a slightly disappointing result