Repairs at Bauna are now looking like they maybe more significant than the one well that has been off line since last November. There are now five wells off line in total with four of them coming off line since 15 April and only two wells producing any oil. The last 11 days of production since 15 April have all been around 10,600 bbls per day. I won't be surprised if we get a production down grade in guidance for Brazil after 23 May! Furthermore, I reckon there would be a lot of back slapping going on at LLOG since the partial sell down to KAR. Recovering from these issues will not occur overnight!
Capital Allocation & Who Dat Returns, page-45
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Last
$1.88 |
Change
0.035(1.90%) |
Mkt cap ! $1.502B | |||
| Open | High | Low | Value | Volume |
| $1.88 | $1.90 | $1.87 | $10.04M | 5.345M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 60210 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 140038 | 5 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |