Valued Partners,
Currently, we have commenced water testing (recovery & rate tests) on the ASE 1, this will mean that the well will be temporarily shut-in, with the ASE 2 continuing to pump. Once the tests have been completed and the results are back, any required adjustments will be made and the well will re-commence pumping. The exact same process will be conducted on the ASE 2 well.
With our extensive research into the Misener formation, there is a common theme, which is that these wells do not act like most others. Generally speaking, it can take an extended period of time to see peak oil & gas production and in most cases some minor adjustments are required to maximize the oil & gas production rate.
