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2.50% 7.8¢ bass oil limited

Ann: Tangai-5 Weekly Drilling Update, page-10

  1. BullWish
    341 Posts.
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    29/04/22
    14:21
    Post #: 61103734
    https://hotcopper.com.au/data/attachments/4301/4301545-f750ed2ce64539653c4d2ebc56d1754d.jpg
    Hey guys, from the estimated production figures above (from the ann), the entire life of the Tangai Field production will be 0.425milliom barrels plus 0.344 million barrels oil? They add up to 0.769million barrels, which is less than 1 day release of the US reserve? with this volume, are we expecting the SP to rise? Can someone please explain?
    BAS Price at posting: 0.2¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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