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Ann: Pisces Drilling Completed and Capital Return Update, page-6

  1. mad max
    4,073 Posts.
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    24/10/23
    10:54
    Post #: 70501056
    Why 4000 bod ? ... surely with each additional well will add extra barrels to the bottom line ? ....or are the existing wells declining so quickly that they need to keep drilling more wells just to maintain status quo of 4000 bod ?

    Apologies if this a silly question but it makes no sense to me that extra wells doesn't equate to greater production
    CE1 Price at posting: 8.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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