Apart from the positive Atzam#5 news,I really liked this from the update as well.
Atzam #4 Production Continues At 170 BOPD
The well production plan is to continue INCREASING the choke over a period of time to establish the optimal production rate for this producing carbonate section.
Hope that period of time comes sooner rather than later to give us more cash flow.Very vague statement seeing that it has been proven for some time now to be stable at this current rate.
Time management opened up the choke some more, or gave us a more pacific future date on expected increase.We are missing out on much needed revenue, even another 20 BOPD immediately would help our bottom line and pay for extended drilling time and loan.
Also would like to have this news separate before any positive Atzam#5 news to create a gradual SP increase rather than a potential big spike.
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- Ann: Atzam Project Update
Ann: Atzam Project Update , page-53
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