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clock Created with Sketch. 03/08/22
13:07
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Originally posted by Ya
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Conference call recording is now available on the website with the Password. Runs for 1 hour. Q&A starts from 28min onwards.- SPS-56 should finish by mid-month. Currently running Tubing. So by the time FY results r due on 25th Aug wee should see it online. SPS-92 will take 35 days So mid-late Sept completion for the 3rd well. strong Acquifer High recovery factor
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The other important take out for me was the statement that if the Neon Wells confirm their assessment that the reservoirs will be productive they will want to move quickly to FID and commercialisation of Neon. It has been a long time coming. They also mentioned that being the full owner of Bauna gives them flexibility in the decision to develop Neon as a tie back. It seems possible that if all goes well with the Neon control wells we could see it come on stream quicker than anticipated.
(20min delay)