MEL 25.0% 0.3¢ metgasco ltd

Ann: Termination of Keybridge relationship, page-12

  1. 9,279 Posts.
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    great data’s as always old geo the company still have not adequately explained O1 drop in performance it was not that long ago that the fibre spar temp production solution was indicated as the constraining factor to O1 production ….

    Clearly this is not an issue with production down to 2.5mmcfd let’s hope they can a) raise funds and b) hit some oil with O2 and better long term production …..

    I didn’t like the comment O2/O3 would make the field self funding … wasn’t this meant to be the case with O1 they just forgot to tell us production is now below expectations.
 
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