ERH 0.00% 2.9¢ eromanga hydrocarbons limited

330 compared to 330b, page-3

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    Originally they had a 330 plan to produce 2,000 bopd from 14 wells.(full production 3-4 years)

    Then in the latest presentation they had ERH producing from 430 and 330 4,000 BOPD by 2009 end from only six wells. Three a piece.

    We then summised that 330 at 200 BOPD per well would be producing 600BOPD and 430 the balance (1400bopd) also from three wells.

    Obviously 330 is going to be better than first thought.
    Awaiting the news update on 430 in the next week or two to re-evaluate.

    You knew this would happen Ciggys - all the fun happening when you are on holiday LOL


    Spozzie




 
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