ITC 0.00% 8.2¢ impress energy limited

oil price, page-4

  1. 42 Posts.
    The JV has no shortage of oil that it knows the location of, its problem at the moment is the facilities to get it out of the ground. Growler-3 flowed at 1150 during initial production testing, so at that rate would mean the Growler field would be producing ~1550 bopd in total once they've increased the choke. Mirage at ~80 bopd as you say. Then there's Warhawk 50-100bopd, Tigercat at 100-200bopd, Snatcher-1 218bopd. Put all that together and you're looking at nearly 2000bopd.

    Also, once they have access to/have interpreted the 3D, it should make siting development wells a lot easier to make the most out of the Tigercat/warhawk/growler field.

    And Snatcher-2 spudding in less than a week. ITC's revenue and reserves are going to grow, no doubt about it.
 
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