Me Too not sure but did make money above " production costs " so as of now it is commercial.
They may decide to go to 400 or so as recommended.
Would not see it ATM as they will not open up until Atzam 5 is " commercial" as they want an initial flow rate
of 500 BOPD at a minimum ( C18 ATM not flowing at that level , so will look at C17-C13 until this is achieved ).
The reason is obvious as to the SP. Atzam 5 not completed!
600 BOPD is conservative within 6 months IMO.
600 BOPD is circa $8 million PA at circa $35 net and the production costs ?
No where in cooee as the BOPD have blown that consideration away!
Cheers
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