At Elmworth we drilled and completed another horizontal Cadomin well (55% Midnight). This well was drilled as an 800 meter horizontal, completed with a 10 stage frac and produced only from the horizontal Cadomin, without compression, at an average restricted rate of over 10 Mmcf/d for the first 30 days. After 60 days, production from the well is over 6.5 Mmcf/d.
and
"We continue to limit some of our natural gas investments during soft gas prices"
As do most other gas-weighted companies and when ng prices become firmer producers tie-in wells that have been already drilled and drill new wells and then the prices soften again.
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