ITC 0.00% 8.2¢ impress energy limited

back of the envelope, page-22

  1. 5,787 Posts.
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    Your concerns about continous disclosure will fall on deaf ears. I like your enthusiam on this as I think some companies don;t do enough here.

    Having spoken in very recent times to them they feel that they released more than they need to, but urged to keep us updated in the slower times , that is no drilling activity.

    Regarding Growler - there is no update due or needed. The constrained chokes is due to Vic Pet as operator not wanting any water - none at all. When the pump has been increased so has the water so they have choked back. Its just their philosophy. I can;t argue the toss here either way. This has been disclosed.

    The Growler field is yet undefined and the current reserves only indicate drainage around each individual well. A new reserves report will occur once the 3d report is assessed. I reckon it will be much larger.

    They have not done the calcs for Snatcher as yet or Tigercat. We are sitting on upgrades in reserves.
 
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