lust, imo the positives outweighed the negatives from the quarterly.
1. production from puffin 7 could be lifted by 2-3x following remedial action 2. expected production levels to date are due to factors localised to the well bore and not the reservoir in general 3. they will not make the same mistakes with the other wells 4. potential Puffin NE production to add 20,000bpd from third quarter 5. A significant number of well credentialed Australian and International parties have expressed interest
the debt issue is significant but not critical.
AED Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held