ITC 0.00% 8.2¢ impress energy limited

Love the way VPE keeps on reporting how S1 & S2 produced at a...

  1. 4,892 Posts.
    Love the way VPE keeps on reporting how S1 & S2 produced at a rate of ~ 200 bopd on their Short Term Production Test when giving updates on S3. For those not really in the loop they would be thinking that S1 & S2 will be flowing at about 200 bopd.
    In actual fact S1 & S2 will be producing at 400 + bopd once they come on to production (Pump assisted).
    VPE's announcements with regards to S1,S2 & S3 have been very watered down IMHO. WHY?
 
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