PV1 0.00% 2.7¢ provaris energy ltd

financial projections, page-85

  1. 2,883 Posts.
    Swami2 has no clue. Wow that rhymes.

    I can assure all of you Reese #2 is flowing at the announced 331bopd but is currently restricted to 250bopd or 300 barrels of liquids due to storage constraints.

    The flow update clearly showed that the oil/water ratio of 25% of 408 barrels of liquids listed in original announcement was now80% or 331 bopd after the majority of water they injected was cleaned out. The oil/water ratio is now 80% oil / 20% water This is why they mentioned 300 barrels of liquids in quarterly. ie. 300 x 80% = 250bopd

    Do not listen to this rubbish of 70bopd for reese #2.
 
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