CUE 2.00% 9.8¢ cue energy resources limited

se gobe field reduces from 150 b/d to 92 b/d, page-2

  1. 392 Posts.
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    MGC if you check OSH latest qtrly report SE Gobe for Dec 2009 was 86000 bbl's and March 2010 was 64000 bbl's.

    They go on to say in the same qtrly that:

    Gross average rates at SE Gobe
    declined by 25% to 2,784 bopd largely as a result of a five day scheduled shutdown for
    routine inspection and maintenance, including compressor servicing. In addition, the
    SEG 3 compressor was offline during January for engine repairs and this impacted
    production from some of the high gas-oil-ratio wells. All compressors have now been
    returned to service.
    A number of well work and workover opportunities are currently being assessed at SE
    Gobe which, if implemented, are expected to lead to improved production rates.

    So therefore with pending decision on sales to PNG LNG I would say all is looking positive for SE Gobe...
 
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