Yep I saw that figure on the quarterly of 135 bopd frm the current well thats why I said average prodn.
Like all wells, the initial flow rate is high & the higher the pump-up the quicker the draw-down & hence drop in oveall rates, thats why wells need to b sut-in to let the formation pressure to stabilise.
We saw that at the first well, until a stable rate of 60-65 bopd was sustained in later months.
In this case however, since we drill on a domal closure, there is all likelihood of achieving a better rate then b4.
cheers
ERH Price at posting:
17.2¢ Sentiment: Buy Disclosure: Held
