AND if we have 3 horizontal wells producing at 10mmcfd. (holdfast, encounter and the icon well)
Well thats 30,000 *$4 = $120,000 a day.
Should make a fairly significant contribution to the next stage of development, and they have a lot of new developments coming on line to significantly extend the life and production profiles of these wells.
Further knowing BPT/ADE penchant for understatement it very likely initial production will be significantly more than has been allude too
great press, page-52
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Last
$1.56 |
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Mkt cap ! $3.547B | |||
| Open | High | Low | Value | Volume |
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| BPT (ASX) Chart |