Your info is quite correct. When they have ramped up G3 and 5 there has been increased water cut. ITC didn;t have a problem with that but VPE did and as operator have then kept them on free flow on restricted chokes. As far as I am aware there has been little decline in pressure.
Regarding Mirage, you can make no comparison as the characteristics are so different. Mirage is a Murta formation well and these wells through out the Cooper have been very variable. My opinion and not one from the company is that the focus has changed somewhat with the discoveries in the Western areas. I wouldn;t be surprised to see it all revisited down the track especially if Fury the latest VPE well north of Mirage comes in and flows well.
Unlike many I am comfortable with Growler and expect upgrades there as with Snatcher and any future Western fairway wells which appears to be many in the months to come.
ITC Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
