"DUTCH 2H corrected “gas flaring” 28,577 BO with 465 MCF in March 31,679 MCF flared"
There wasn't any big correction to the Production which I posted on Investor Village on Message # 8199 dated 04/29/2014: Oil Production was corrected from 28753 to 28,577 on 05/20/2014.
The Unknown News is that the Status of Disposition on Natural Gas showed two Correction on 05/20/2014. I don't know which was filed last.
The Original Filing on 04/28/2014 is now deleted; show a status of "04" Flaring
05/20/2014; one filing had status "04" Flaring as a disposition/
05/20/2014; the second filing had a status of "02" transmission Line as the disposition
If the "02" is correct, then the Natural Gas is being Sold.
On the Dutch #3 & #4 Well; I already posted this on Investor Village Message #8213 on 05/09/2014 when Permits were requested.
Neither Dutch #3 or Dutch #4 Permits have yet to be approved.
Zoom Bee is accurate poster but tends to be late on information.
Yes! Dutch 2H is in an area block for 4 wells between Marathon Oil and PIONEER NATURAL RES and Dutch 1H & 2H are one pad. AXAS may drill 3H or 4H next rather than disrupt the flow of 2H.
All 4 wells are 9,000 foot laterals with the same orientation. The WI percentage was high on this block (i'll have to check the slides)..."Eagle-ford" cave area of presentation slide 20; "411 net acre lease block, 100% WI".