what absolute tosh it doesn’t matter how successfully geologically they have been it’s the abject failure in well performance which has caused the SP to be at/ near all time lows.
Just look at BYE SM58 projections vs reality flow rates initially expected of 1000bopd and 20mmcfd - no well has sustained production anywhere near these levels. With so much egg on face I suspect they will not even provide production guidance on the new wells.
BYE Price at posting:
7.7¢ Sentiment: None Disclosure: Not Held
