BYE 7.58% 6.1¢ byron energy limited

Not a good update - sounds like it’s costing significantly more...

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    Not a good update - sounds like it’s costing significantly more time effort and energy to try and get additional production when cash is tight.

    oil production down 10% from 28/11 update while gas production down 45% doesn’t look like BYE is catching a break here those G3/G5 wells look nothing short of horrendous wells likely having spent >$40m for less than 80 bopd of current production.

    let alone they now plan to produce from a zone with 1/4 the reserves (1P 278k Bo) of the N2 zone(1P 1002k) not expecting production from the K4 to set the world on fire.
 
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