AED 0.00% 14.5¢ aed oil limited

"Range of daily production rates from 6000 to more than 10,000...

  1. 48 Posts.
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    "Range of daily production rates from 6000 to more than 10,000 as a consequence of testing etc...."

    Don't quite know what to make of this except that if they did manage to consistently produce more than 10,000bbls per day, they would have come out and stated it. So I personally would take it as a negative, that production currently, without any additional wells, is at 6000-10000 bbls per day.

    Puffin SW - more computer "modelling" leading to increased OIP, potentential targets etc - Seems like Deja Vu to me...

    The last bit about the company being "approached" seems more interesting...takeover target perhaps? Or could this be an attempt to otherwise mask an otherwise negative announcement...
 
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