It was a comment he made in response to a question about having 18 producing wells and what you would reasonably expect the production to be when they are in full operation, which should be this qtr.
When you look at 18 wells they have to produce 333 boepd on average to get there - Ant789’s original numbers suggested this was achievable before the 3 new wells as average is close to 400, although there are days of no production and declines in production etc.
FDM Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held