COE 7.50% 21.5¢ cooper energy limited

Sole Project, page-100

  1. 455 Posts.
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    yes... all around 45Tj since 30 Jan. Looking very positive and consistent.

    Interesting thing is that the nominated / forecast flows adjust upward as you get closer to the 'actual" day. For example:

    1. 1st Feb. - Actual flow = 44.751
    Final nominated flow was 46.308 whereas, a few days earlier it was 31.3
    2. 2nd Feb. - Actual flow = 45.001
    Final nominated flow was 54.534 whereas, some days earlier is was 31.308
    3. 3rd Feb. - Actual flow = 45.003
    Final nominated flow was 46.034 whereas, some days earlier is was 28.038
    4. 4th Feb. - Actual flow = 45.002
    Final nominated flow was 41.034 whereas, some days earlier is was 31.034

    Some significant discrepancies between the initial nominated flow which might be say 5 days out, and the "final" nominated flow.
    Keep an eye on the forecast flows for say, 7-8 Feb, currently sitting at 35.034. A few days ago these were 28.034. As it gets closer to the actual day the nominated flow should be adjusted to more closely align (higher) with the actual flow.

    My take from this is that the further out the nominated flow is (say, 3 days or more) the further it will be from reality, so don't get too hung up on forecast flows unless its within a day or two of an actual production day.

    DYOR - my background is not O&G so this may be pretty basic for some of you, but I think its interesting.
 
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