Everyone is assuming that this well is only capable of producing 488BPD based on the following statements:
... you mean statements from MAY such as this below avthold04
"ASX ANNOUNCEMENT 15 April 2025 Block 9 Operations Update Melbana Energy Limited (ASX: MAY) 'The well was then shut in for 12 hours and flow tested at a constant pump rate for 12 hours resulting in an average 488 BOPD plus 7 BPD of water (completion brine)' [part-of]
... if the well could/may produce more, then why isn't it ? ... what dream are you going to come-up with this time ?
... though there'd definitely maybe some direct webinar questions on this well 'if' I was a holder [no f'way], but without spoon-feeding you heavy-crude for brains HC heads too much, the pump may require stable intake, prime [maybe self-priming?], or to put it in more basic words so you can hopefully understand [doubtful], you CAN NOT RUN THE PUMP DRY ... is that clear enough ? ... or you may, but see what happens [FAFO] ? ... also vibration etc may damage a pump, with operations [SSCL] monitoring etc, this may all add-up with production cost per barrel ...
... you get that now right avthold04 ? ...
... MAY had a maybe contingency on location [PCP] and bought the well-on ... nice work imo ...
... MAY have been performing extremely well operationally imo ...
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)