annoucement this week?, page-17

paddy86,

As far as I'm aware when you test the wells you have to take various readings and submit them to the government.

At the same time you apply for a maximum production rate for each well based on the data recorded. Based on this I think the Government decides on the max rate it will allow you to produce the well so that in its opinion you will recover as much oil as possible.

As J-50 was fracced using a different method and it was the 1st well that data was submitted for I think the company applied for a low production rate in the hope of ensuring approval.

It could do more somewhere around the 300 bopd mark but is limited to 100 bopd.

The other wells I think are all going to be around the 500 bopd or more level.

I'm sure the company will clarify this topic going forward.

LOTM