IP release only mentions oil so actually BOE per Day is higher once NG added in maybe around 6500-7000 boe a day.....so 2300 bpd net to us. Thank God!
Initial production rates over the first five days were approximately 6,000 gross barrels of oil per day. Endeavour has a 30% interest in Bacchus. When the full field development is completed and on-line, the Company will be able to provide reliable long-term sustainable production estimates. Further detail regarding the initial production performance for this first well will be discussed during the Company's first quarter conference call.
Not so sure about that, but I'll bet that if they at least managed to break even in Q1, and the focus tomorrow is heavily on Bachus and the better than expected production rate, we could see a 10-15% pop over the next couple weeks.