We should be spudding Gumamela this week with the company owned rig, its a great feeling to be in charge of your own destiny and not to be reliant on other peoples rigs, i must comend management on the decision to purchase their own rigs.
The swabbing will be continue at Jacob1, we still dont know the final outcome there until more drilling mud is removed/swabbed, there could still be a positive outcome fingers crossed
and thirdly Malalos gets ever closer we know we have oil just need to know if its at a flow rate that makes it viable. Which beckons the question what is a comercially viable flow rate does anyone have any idea on this?
Is it 50 - 100 -150 bopd
regards views
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