PVE 0.00% 3.8¢ po valley energy limited

Sillaro has double the output potential CastelloWhat doesnt make...

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    Sillaro has double the output potential Castello

    What doesnt make sense is that Catello (one of their smaller wells) loses well head pressure and the SP drop 50%??

    Surely one well does not equate to 50% of a company such as PVE??

    PVE also have (all 2P):

    - Bezzecca production coming in 2012(3bcf) with reserve upside with another appraisal well planned
    - Sillaro to come into production within days/weeks (14.4bcf) i.e. more than double that of Castello (6.3bcf)
    - Fantuzza production to start in 2011 with 26bcf!!!
    - Sant'Alberto to start production in 2012 with 12.9bcf
    - Correegio in 2013 with 35bcf

    Along with 13 other prospects in the pipeline... errr 50% drop in share cap with Castello experiencing pressure decrease? what a joke!
 
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