200 barrels for the initial re-entry, moving up to 400. but if that proves up, the next holes will be moved on with confidence. 24mill barrels of oil is over 4000 barrels a day for over 15 years.
this was the target when they managed to secure the debt facility mid last year. although i don't understand what happened to this facility, the company has managed to keep the seismics on track.
realistically, all we are looking at as far as i can see is that first announcement confirming 200 bopd and then we should see some fireworks.
200 barrels for the initial re-entry, moving up to 400. but if...
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