Bought some more at 2.9c and quite pleased about getting them at that. Whilst this week has been less than ideal sp-wise, it was a fairly solid day considering the rest of the market.
Documents (analyst opinions) on the Latent website suggest that Warro 3 is commercial at 2mmcfpd. The things ALREADY flowing 25% more than that @ 2.5mmcfpd stable and up to 3.2mmcfpd (after shutin) whilst choked back to about 60% AND flowing 400 barrels of fluids a day! AND on top of that, if P.L.M is correct, then the commercial decision is based on gas prices half what they are now....
On top of the above news is the revelation that there's about twice as much gas down the whole as they thought previously...
Its almost laughable, this thing is an absolute ripper and it should be a very very good week
what are we witnessing here, page-40
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