PV1 6.25% 3.0¢ provaris energy ltd

north pert basin, page-20

  1. 475 Posts.
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    If my memory is correct Tui said in a post maybe 2 (ish) months ago that management want to get PB to the stage where they attract an O & G giant to farm in or buy them out out...if my mem is right it does make sense....the costs of drilling etc would be too high for TTE if they are buying land/leases and developing other sites. This isn't a ramp, just an opinion but people have been talking about 700 barrels a day....1000 barrels a day by years end....it wouldn't surprise me at all if they achieve 1000 b's by the end of july!!!
 
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