NZO 5.48% 38.5¢ new zealand oil & gas limited

production still gushing forth, page-5

  1. 178 Posts.
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    Tui has produced 10.9M Barrel so far as at 11 April.
    There is 80 days between 11 April and 30 June.

    At a production rate of 43,000 Barrel per day,
    80 Days will produce a further 3.44M Barrel. Adding this
    amount to already produced amount of 10.9 results in 14.34M. Even if the production rate drop a bit, it looks highly likel that Tui will produce 14M barrel by 30June, 1M more than their forecast.

    Surely this is good news with oil price at historic high.
 
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