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Dejour Energy Inc. Ltd Ordinary Message Board

  • trademaker_va trademaker_va Jul 17, 2014 7:22 PM Flag

    Looks like they will try a Mancos well..

    Looks like Bob wants to see the results from a deeper well.. Spoke with Craig and he stated that if the budget allows they are looking at 10 wells.. Hence the disposal well.. Saves a ton of money... If they prove the Mancos it is a real game changer for us... Big change to the PV-10... I thought we would get news on WR first... That is going to be a cash flow monster....

    "The drill program for 2014 is focused on developing additional production from the liquids-rich Williams Fork formation on the southern leasehold (where drill permits have already been acquired) and testing the deeper Mancos, if final permitting can be achieved in time."

    Sentiment: Strong Buy

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    • was just going to post this
      "The opportunity to successfully test the high pressure, rich Niobrara strata of the Mancos during this program would be a watershed event for all partners given its potential to create an order of magnitude reserve, production and value increase for the entire property."

      we may have another KOG on our hands
      hold on tight

 
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