This is my take away and i hope it is accurate.
He is very positive about GC18 but still waiting on results of logging.
They can only produce one zone at a time from the current well. They will decide which is best way to go after logs are analysed. If they drill a second well it will feed into an umbilical to the production platform. The 2 oils should be able to co mingle.
Very happy with the Hilcorp program and very happy with Lightning and Mustang(production testing soon).
Lightning will have a 2nd production well drilled in 4th quarter this year.
Mustang being tested very soon.
Finance is being negotiated at the moment and should be enough for 12 to 24 months of exploration and development.
Confident of 5000boepd by end of 2020. It is possible it could be more if they have more success in the Hilcorp program
Overall very very happy with the results.
This is my take away and i hope it is accurate.He is very...
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