BNL 25.0% 0.3¢ blue star helium limited

Ann: Update on Bolling 4 Evaluation, page-18

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  1. 2,807 Posts.
    lightbulb Created with Sketch. 591
    can anyone verify my maths?
    I can.
    What now needs to be calculated is the capex expenditure required to bring each of those 20 wells into production ..and in particular the expenditure on vacuum pumps. And then we need to calculate the operating expenditures associated with maintaining these pumps in good working order. It is inevitable that at some times a pump will fail and need to be replaced . What impact could this interruption have on the dynamics of the reservoir below ?
    BNL directors have shared too late this new complication - vacuum pumps- arising from low pressure. Maybe they will share a feasibility study into this additional, necessary process. Maybe they need to assess the viability of improving flow through stimulating the formation with perforations of the well bore.
 
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