The instos are getting their way . They do not want the oppies in play , preferring to get a lift from their placements . The management have been talking up 500 BOPD to get the oppies in the money and then come up with this . Woeful . Glad I am into the heads only . 500 BOPD could come out of this well easily IMO but it will not come out until the oppies expire and full value for the oil can be realised after trial production starts . This has been my major concern with JPR and sure enough it is all happening to Plan B . No explanation in the announcement , I feel conned . Not much will improve until after July 1st .
The instos are getting their way . They do not want the oppies...
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