Nice Well For ERF: Henry Bad Gun 8D-5-1H

A nice well for ERF?

The IP has not yet been reported but this looks like a great well based on production (Update: IP is now reported, Oct 28, 2010: 1,594.

18753, ERF, Henry Bad Gun 8D-5-1H:

First nine days: 12,880 barrels
Next 31 days: 34,542 barrels
Cumulative for first 40 days: 47,422
Daily average, first nine days:1,431 bopd
Daily average, next 31 days: 1,114 bopd
Cumulative average: 1,185 bopd

Note the field: Moccasin Creek.
Remember: ERF converting to corporate structure by end af calendar year, I believe.

In addition to this well, ERF has three more Henry Bad Gun (HBG) wells in the immediate area. Here are the four:

• 18753, 1,594, HBG 8D-5-1H, 47,422 barrels of oil, cumulative in 40 days
• 18752, 2,194, HBG 17A-20-1H, being drilled now (October 27, 2010)
• 18627, HBG 9C-4-1H
• 18790, HBG 16B-21-1H

Each of the pairs (18753 and 18752) and (18627 and 18790) are about 100 feet from each other, suggesting they are on the same pad.

What other company has huge presence in Moccasin Creek and is now starting to put in multi-well pads? KOG.