strong upside potential, page-46

"They said the production from Bulseye was at about 350,000 a month, down about 20 percent from initial production rate of 450,000 a month "

Frosty my old mate. Sorry to query those figures but are we talking production or are we talking $s.

If we took 350,000 a month as meaning 350,000 barrels of oil from Bullseye (J#1 and J#2) then their combined production would have to be in the order of 11,666.66 bopd based on 30 days in a month.

That is just impossible !

At its best Jumonville#1 produced at around 800 bopd for a very brief period.
Jumonville #2 also started at around 750 bopd but after about a month was down to about a controlled 600 bopd.

Now I have also had confirmation from QPN a few months ago that J#1 was down to just about 200 bopd and J#2 was around 580 bopd for a combined output of about 780 bopd

At that rate then J#1 plus J#2 would produce about 23,400 barrels per month.

I think you are quoting dollars and not actual production of barrels.