Hell they never said 3000 bpd with 2 wells, you would damage a well if you would cranck it up that high with an ESP. The sand production would go through the roof.
They said 1500 bpd with ESP's.
The ESP's are required to maintain well flow as the reservoir pressure decays and water production increases.
While carting to Wyndham they said that maximum production would be 3000 bpd for obvious reasons.
When the route to Broome becomes available the production would be increased further.
However I am rather amazed that you are upset that Buru raises capital to drill U-3 and U-4.
You don't hold in stock in Buru, so it really doesn't effect you, or does it?
To be honest it would be extremely silly to have a farm in for U-3 and U-4.
I am pretty happy with this development.
It was obvious that the bank account was running a bit low and needed a minor boost to be able to continue.
