BPT have just stated in their weekly report that Callowanga 2 will initially be producing at 1500 bopd from October, subject to tanker availability.
Annualised at 80% availability that adds 110 kbo pa to COE. No reason not to get similiar results from Cally 2&3. Obviously facility and transport constraints likely, but pipeline will help.
EL
PS Thanks for the sell down. That Kurnia news was not worth a 10% drop in the value of COE imo, not even a declaration that the logged zones were non-commercial would have warranted that drop imo.
callowanga 2 production rate
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Last
21.8¢ |
Change
0.003(1.16%) |
Mkt cap ! $574.2M | |||
| Open | High | Low | Value | Volume |
| 21.3¢ | 22.0¢ | 21.0¢ | $79.10K | 363.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 996392 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 1975737 | 36 |
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| Last trade - 14.05pm 17/07/2024 (20 minute delay) ? |
| COE (ASX) Chart |