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Ann: Philippines Malolos 1 Workover Update , page-7

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  1. junior101
    1,573 Posts.
    lightbulb Created with Sketch. 47
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    20/01/13
    15:56
    Post #: 11312060
    Agree..Dennis has indicated that with oil around $100/bl
    you only need modest flow rates to be commercial..
    Your view of 100-200bls/day indeed would seem commercial if sustained..tranlates to around $10000-$20000/day in
    income..We really need to be on a winner here ,otherwise another round of capital raising and further dilution etc.

    Cheers..
    GGX Price at posting: 4.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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