Within rossowheels link on lse;
https://thefundmanager.co.uk/uk-listed-stocks/88-energy-ltd/
There was a piece of text from a poster;
"What I think 88e are doing is opening the choke wide at the Well Head which in turn will lower the Bottom Hole pressure. The lower the Bottom Hole Pressure (pBH), then the higher the drawdown since DRAWDOWN = (Pressure of reservoir – Bottom Hole pressure). The higher the DRAWDOWN then the higher the rate of production (theoretically)."
Are any of the more knowledgeable posters able to confirm, renege, or otherwise.. these quoted comments ?![]()
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