SRF
Your last post was almost alright. But words do have meaning and sometimes people see them in a different way.
You say that the 300BOD in the announcement on January 11 was the Maximium flow, impling that the average flow over the 4 hour peroid WOULD be lower.
"Maximum sustained flow rate over a four hour test period 300 BOPD to date, 7.5% drilling fluid cut, still cleaning up"
In your quote you missed out the word "sustained". Sustained changes the meaning such that we can read the 300 BOD to be an average.
Move on to the 12 th January when the company announces an increase in the flow rate and a halving in the drilling fluid content of the crude flow.
"Central Petroleum Limited (ASX:CTP) (“Central” or the “Company”) advises that further flow testing today of the Surprise-1 Re-entry H (S1REH) well has resulted in a c.20% increase in sustained flow rate via a 32/64” choke to 380 bbls/day with a low 4.4% drilling fluid and/or water cut-reduced from a previous average of 8%."
We have no mention here of a "maximium" here, only a record of 380 BOD of sustained flow.
I take this to mean that by the 12 th of January the flow rate had increased to a NEW MAXIMIUM.
This is good news (EXCELLENT NEWS). Of course no one can know how long this well can sustain this rate of production. There are still unknowns and risks. BUT the current flow rate is known and was last recorded at 380 BOD.
You hold no shares, go whine about you tanks elsewhere and after you next post I will decide if you will be the first HC person I put on ignore.
Saltbus
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