Jo Williams is in Bali having a couple of well deserved days off before heading back to "the office", in Perth or Manilla I am not sure. I received an email from her yesterday and cannot post it verbatim for privacy reasons but the main points are:
1. The water can only be small fracture 'highways' or flow behind pipe - its too fast after first oil for it to be traditional water coning. 2. These issues can be dealt with. 3. As long as water rate remains stable, production will continue as is profitably once the processing side is up to scratch as the water can be handled at surface no problem. 4. If the water rate becomes a problem for whatever reason remedial measures can be taken.
Hope this helps.
Cheers.
NDO Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
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