LGo announced that its first well to be completed at the Goudron Sandstone, hab een free flowing naturally at 60 bopd for 60 days. This is indeed a good feat considering the fact that the Goudron sandstone is a much shallower reservoir.
With such a consistent flow, LGO will fast track their drilling to the Goudron Sandstone. At least 10 sites have been identified for this purpose which will be carried out by year end.
My disclosure: I own shares of LGO.
No comments:
Post a Comment