there is discussion as to the beginning of production pretty soon. I imagine investors here are also investors in either MMR, EXXi, PXP. Question for those truly knowlegable in this effort. "Is immediate production possible after the flow test?" I thought the BOP was on a barge and not secured to the platform. What am I missing in this regard? If true--with announced deeper drilling to 32k and the add'l 56' of pay zone--without water--why is not sh price increasing steeply?
Thanks. figured the dividend was a nickel to a dime per well from previous discussions--$2.30 or so from up to 33 wells to be completed over 5 yr period. What confused me was the mention of the production starting up right after the flow test and what I understood that the bop was on a barge.