Yes the only new info I can see (from Malta) is that we are no longer aiming for 3000 bpd at Ungani after 2 expensive horizontal wells, but to double current output from 1200 bpd to around 2400 bpd. Let us hope this is a case of underpromising and overdelivering. What will be the cost of 2 horizontal wells to produce 1200 bpd in total??
Ann: Corporate Presentation, page-9
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