I would wait until they complete production testing before passing judgement. Let's see what the IP number is, I expect it will be significantly higher than 30 bopd if they are using an ESP.
http://petrowiki.org/Electrical_submersible_pumps
I'm not an O&G engineer but from the above link an ESP is essentially redundant with production less than 150 bopd?
- Forums
- ASX - By Stock
- PH2
- Ann: Production testing begins at Burkett 5-34HOR well
Ann: Production testing begins at Burkett 5-34HOR well, page-5
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PH2 (ASX) to my watchlist
|
|||||
Last
15.5¢ |
Change
0.020(14.8%) |
Mkt cap ! $56.33M |
Open | High | Low | Value | Volume |
14.0¢ | 15.5¢ | 14.0¢ | $93.20K | 630.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6374 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 50008 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 10864 | 0.160 |
3 | 52741 | 0.155 |
10 | 176700 | 0.150 |
3 | 78755 | 0.145 |
7 | 220600 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 63000 | 1 |
0.160 | 50008 | 1 |
0.165 | 130000 | 3 |
0.170 | 39374 | 2 |
0.175 | 17127 | 2 |
Last trade - 15.57pm 14/08/2024 (20 minute delay) ? |
Featured News
PH2 (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online