BYE byron energy limited

Ann: SM69E2 Well Logs and Post Hurricane Ida Production Update, page-128

  1. 9,444 Posts.
    lightbulb Created with Sketch. 834
    did you forget we are on the BYE thread again ….

    talking monthly averages you are joking right BYE have used this playbook for sometime in the quarterlies for both G#1 and G#2 guess wells which are producing collectively 9mmcf (23%)of original expectations)and 150bopd (7%) does that when you provided initial guidance the wells should produce 40mmcf and 2000bopd collectively.

    providing no form of expected production guidance sends a clear signal to market. Will be easy to call a result a commercial success when they have provided no benchmark to market …….

    I have the well cost at double the company’s dry hole estimate before factoring in the added equipment loss - think this will put paid to any follow up drilling as most here expect. Cannot see any funder providing BYE additional funds prior to sustained production performance of the E2 well which is weeks away.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.