5-6 TJ Average is a decent increase on 50,000boe equating to 3.4 TJ. (50%-75% increase).
And if the average is 5-6 over 3 months, and the curve is increasing, the current run rate could be closer 6-8TJ/day
The phase 2 only curve above peaks at around 12TJ - as long as we beat that Im comfortable with the well economics...
Could actually be coming together nicely.
Whilst this doesn't answer why no further drilling occurred, it reduces my anxiety as (for me) it removes any possibility that the delay in drilling was due to poor WSGP flow rates.
I think the market is going to like the announcement weds, as a 5-6TJ/day is a nice increase qoq.
Add in some financing and outlook and we could be set for a great week.
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