They reported 188bbls/24hr period. Way below expectations and I believe managements expectations ?
They had a high oil accumulation around the bore so I would expect the number to drop from there , depending on the issues with the gas lift mechanics etc etc.
Mitchad, it is now 3 weeks since they said they were not even sure if the system would improve the production numbers ! 3 weeks and no update !
Decline curve avge ? Are they on it or not ? Well performance ?
Plenty to report I believe.
GGP Price at posting:
5.0¢ Sentiment: None Disclosure: Not Held