update, page-46

Hi,

A good result. I think TB has got the mesage loud and clear that stuff ups are no longer tolerated (or at least should not be announced unless material to the company).

Now to the announcement.

pump stroke rate = 4.25 /minute

Fluid per stroke = (Min 5 litres upto 40 litres per wiki)

Based on a 24 hour operation, I get around 202 BFPD

TB has announced 75 BOPD ie a cutoff of around 37%

Now when last time we were using rod pump, the last announcement on 31/3 stated a cut off of around 80% (reported BFPD = 125 and reported BOPD = 100)

So even if we keep the pump stroking at current level, the oil produced should increase to say around 150 BOPD if 31/3 statement is indictive.

I think TB is finally (bit slowly) learning the art of under promising and delivering (he has a long way to go for over delivering).

Stay tuned till next announcement.