AED 0.00% 14.5¢ aed oil limited

suddenly its only 20k bopd, page-11

  1. 2,795 Posts.
    ...first oil was 7th Oct so theý've been averaging 21,000 barrels a day. so.....three words missing at the end of the announcement have made a big difference


    As water handling and gaslift facilities have not been fully commissioned, oil production levels will remain lower than initially forecast while works are being completed. The introduction of gas lift which will occur post commissioning is intended to maximize total fluids production and optimize oil production. Preliminary assessments suggest that the ongoing production rates are likely to be approximately 20,000 to 25,000 bopd - IN THE MEANTIME

    The way i read it is that they expect to get up to the initial forecast when the gaslift is completed. anyone care to correct me or add thoughts?
 
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