Comment by Mugwumps88 Yes IR did say Ro
Post# of 1425
(Total Views: 479)
Posted On: 08/31/2021 12:03:32 PM
Comment by Mugwumps88
Yes IR did say Rosen is fully on board and prepared to front any start up costs needed to move product. Looking forward to hearing about how many well Humphries manages.
Response by: DesertEagle to Mugwumps88
Good Morning Mugwumps88,
In regards to the wells that Humphreys manages, information in the public domain indicates a total of 139 wells across multiple counties in 2 states.
Of the 139, 53 are currently producing at an average 1.35 bbls/day. I would expect now that he has an indication of what the new tech can do for production you will see an increase in daily production rates along with an increase in the number of producing wells as he increases the use of the technology.
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