In view of the fact that thousands of stripper wells operate at under 10 BPD, what's your take on why an 800 bpd well would be shut-in ?
I'm wondering why in TN and also on the Canadian prospect, MEO management puts promising developments on hold instead of in production ? Why not generate cash flow when you can rather than borrow money or dilute ownership to fund continuing operations ?
Any clues from those of you who have spoken to Cawker et al ?