Market has now swallowed it, and spat it out the other side.
What a fickle beast!!
An extra 490dd BOPD (after 82% WI considered)@ $90/barrel equals $44,000 per day before costs, roughly speaking. Guess the market doesn't like income.
Perhaps it didn't like decline rates.
For comparison:
Looking at the SEA announce today, they show similar 30 day declines. (Am not sure how comparable the Geology is though)
Assuming we can expect smaller declines due to choking, this is a nice start.
Early days yet.
Cheers and Good Luck to all holders.
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Market has now swallowed it, and spat it out the other side.What...
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