Curious to see how the market interprets this update given that the 200 BOPD has been telegraphed by managed for some time.
Although the headline number of 120 BOPD is below expectation by 40% it's worth noting the no debt position BAS has and overall this is a good, albeit below expectation update.
The note about potential low cost tubing optimisation is interesting, especially considering management have upwardly revised their forecast to 300 BOPD following this work.
