BYE 0.00% 6.9¢ byron energy limited

G1 flow rate still increasing slowly while still producing...

  1. 4,750 Posts.
    lightbulb Created with Sketch. 2228
    G1 flow rate still increasing slowly while still producing considerable gas .
    As the gas cap continues to depressurise then the oil production rate should reach a maximum then go on a slow normal decline .

    We should remember that phenomena when we are evaluating the two current wells because the initial flows are likely to be mainly gas then later becoming oil dominant as the experts at BYE have already shadowed .

    Financially what a well does over its productive life is what matters .
    BYE produces from its wells in a logical commercial fashion , producing from the reservoirs in an industry best practice way .
    That means in some cases not producing first from the reservoir that they think would give the biggest oil flow rate just to give the share price a Sugar hit .

    I look forward to the production from the primary production zone in
    G5 that does not need an expensive drilling rig to bring on line , with most of the completion costs already paid for .
    Last edited by jophda: 18/10/23
 
watchlist Created with Sketch. Add BYE (ASX) to my watchlist
(20min delay)
Last
6.9¢
Change
0.000(0.00%)
Mkt cap ! $74.43M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 94375 6.4¢
 

Sellers (Offers)

Price($) Vol. No.
6.7¢ 73000 2
View Market Depth
Last trade - 10.44am 02/05/2024 (20 minute delay) ?
BYE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.