CE1 0.00% 0.8¢ calima energy limited

4300 current, decline 20% =860 beopd after one yearreplacement...

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    4300 current, decline 20% =860 beopd after one year
    replacement is 3 sparkys, cost about $10-15m

    target 6000, decline 20% = 1200 boepd after one year
    replacement is 4 sparkys, cost about $15m

    current capex about $35m adding about 2000 boepd over 20% annual decline
 
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