BYE 1.89% 5.4¢ byron energy limited

Ann: SM71 F2 & F4 Operations Update and SM69 E2 Production Update, page-61

  1. 9,231 Posts.
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    thanks OG great data as always, the company really must have a lot of confidence in G3/G4 being a lot more oily and productive than G1/G2 I note net income from these wells down to around $25k day (20k G1 and 5k G2). Uplift in G2 income more than offset by reduction in G1 income - wasnt oil production in G1 expected to increase following production of the gas cap if I remember correctly ?

    E2 production and stabilised income will be key to funding any near term drilling, the rising POO is certainly helpful but those decline rates must worry the company.
 
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