can anyone verify my maths? I can. What now needs to be calculated is the capex expenditure required to bring each of those 20 wells into production ..and in particular the expenditure on vacuum pumps. And then we need to calculate the operating expenditures associated with maintaining these pumps in good working order. It is inevitable that at some times a pump will fail and need to be replaced . What impact could this interruption have on the dynamics of the reservoir below ? BNL directors have shared too late this new complication - vacuum pumps- arising from low pressure. Maybe they will share a feasibility study into this additional, necessary process. Maybe they need to assess the viability of improving flow through stimulating the formation with perforations of the well bore.
BNL Price at posting:
1.3¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)