ADX 1.04% 9.7¢ adx energy ltd

from early September announcement about EPS starting mid...

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    from early September announcement about EPS starting mid October:
    "The Anshof-3 well produced 132 barrels per day of water free light crude oil (32° API) during testing operations. A sustained rate of approximately 100 barrels per day is expected during long term production testing. Note 2"
    Note 2: The Anshof-3 well was flow tested prior to well acidisation which was undertaken to overcome reservoir damage fromdrilling. Acidisation in offset wells has resulted in substantial increases in production rate.

    So gross production does not seem to be plant capacity constrained, as tested at higher rates. and obviously the 80boepd net is due to thee 20% farm in.
 
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