market depth

Extremely boring watching the current market depth in ELK where parcels as little as $2000 in size seem to overly influence the participants. Both buyers and sellers seem exhausted here.

Prefer to focus on the positive myself, although it may be 6 months + away.

The original EORI / Ryder Scott reports indicated full production recoveries of 8,000 - 12,000 bopd at Grieve with the co2 flood and the company then limited this to 8,000 bopd due to existing production / pipeline constraints etc

Can we expect the same rates of production with the chemical flood? Davo and Wickerman and others have given excellent information regarding the total potential recoveries, but what about on a bopd basis? Should full production with the chemical option also be able to produce up to 8,000 bopd? Is there any difference between the co2 and chemical options in regards to the speed of extraction on a daily basis once full capacity is achieved?

Obviously the impending Uni report on the chemical flood options will answer these questions through a comparison BUT i'm getting sick of the wait so i thought id ask, as the information the well researched HC posters have provided so far is extremely informative and generally accurate to date.

Anyone like to have a guess as to the bopd rate expected from Grieve following the proposed chemical flood??


Cheers