great announcement yesterday and looking forward to the follow up announcement on the more predominant oil bearing caley (Baxter has higher levels of gas/condensate).
Looking forward to the FID before Xmas.
these were great results, 15,000 BoE from one zone is encouraging.
not certain about reserves increases (but yes there is potential if the recoverability factor is increased). I am definitely looking forward to the reclassification from reserves to resources.
Ann: Successful Baxter Flow Test in Dorado-3, page-114
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