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?
I would wait until they complete production testing before...
-
- 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)
Add PH2 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.5¢ |
Change
0.020(14.8%) |
Mkt cap ! $55.56M | |||
| 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
| Last trade - 15.57pm 14/08/2024 (20 minute delay) ? |
| PH2 (ASX) Chart |