2 Wells due in the next month or so1 Jan 2015 16:58
Caza will also have the Lennox 32 #4H well coming online and adding to production and revenues.
Plus, the non operated Marathon Road 15 NC#1H well.
After that, Caza will have to drill a further 2 commitment wells. Depending on the depth of these wells, Caza will earn 640 to 1,280 net acres per well drilled.
Question, if Caza earns these acres, can they then sell these if in need of further capital. I know this will open up all sorts of questions and theories. Can anyone add their input.