End of DEC Q deliverability of 4 wells exceeds capacity of FPSO production facilities. 22,800 barrels water per day equating to 32% of liquids. 120, 000 barrel liquid capacity of FPSO. Water cut still small and production capacity limiting factor rather than deliverability of reservoir or excess water cut. Approx 47 000 barrel liquid capacity spare. Water cut steadily increasing but slower thn expected. Long way to go before it impacts production! Looking good. 48 000 average since NOV. dyor
PPP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held