MPO 0.00% 14.0¢ molopo energy limited

september 2012 operational update , page-6

  1. 782 Posts.
    Tahi.

    Definitely frustrating with real numbers hard to come by at the moment. However, the 300 boepd is in line with expectations, if not a touch higher. It's still not on full production and clean up is progressing so all is well. If you look at page 12 of their recent presentation you'll see the Barnhart Type Curve for Bench B. They do have a sharp decline rate but it's all about keeping on top of that curve by drilling more wells. My guess is the drilling rig from Saskatchewan will be re-deployed to Fiesta before year end and targets will be met or passed. My thoughts only.
 
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