And 48 wells in production for 11 TJ/day
But going to 80 wells.
The underlying commercial equation remains unaltered. 48 wells producing 11 TJ/day when 30 wells should have produced 15TJ/day says the point I'm making.
Hence the share price suffering where it is.
Shame really.
Don't get me wrong, it could turn around between now and the 80 wells. But given the reluctance to release any detailed information about the flow rates, for me, it's a telling sign.
Just out of interest, how do you think the SXY wells are performing?
Would you say they are:
A. In line with expectations
B. Underperforming
C. Outperforming
D. No idea, so have assumed they are outperforming
SXY Price at posting:
33.0¢ Sentiment: Hold Disclosure: Not Held
