I actually think/hope this qtr might catch a few people sleeping @stumpytrunks .
Production from Odin and Vali has declined every qtr from 0.08pj in Dec 23 to 0.03pj the last qtr. This qtr should be the turning point where production increases.
The 0.03pj was mainly due to low flows and days online for the Odin field. ( 1.66mscfd and 46 days online) MEL's most recent update on Odin was at 4.5mmscfd (as at 8 Nov) and they have kept Odin online most qtrs between 65-79 days.
As Chairman Glennon has cut costs, funded capital works and provided working capital to MEL. If MEL can contain costs and minimize losses it may be a good time wait to see what happens with VEN.
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