ERH 0.00% 2.9¢ eromanga hydrocarbons limited

ann out, page-16

  1. 784 Posts.
    your all missing the point here, read the announcement properly.
    The Operator advises that 1-NORD-1-SE is being completed as a future oil producer. A
    Progressive Cavity Pump (PCP), with a capacity of 90 barrels a day, will be set against the
    uppermost carbonate reservoir to facilitate production.

    The PCP only has a capacity of 90 barrels a day.

    Its the same as having a one inch choke on a pipe.

    I am not saying that this is going to be better than you all think just that that this pump will only produce 90 a day.

    Think long term, not on the daily sp.

    You have more than one well here.

    Ciggys, maybe you can explain it better.

    Cheers

    Mark
 
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