I reckon that production will far exceed 1000 bopd by the end of the year. LGO are currently producing in the region 500 bopd. Rig 20 is drilling 7 wells, which should easily have an output of at least 80 bopd each (giving a total 560 bopd). This in itself will result in LGO producing in excess of 1000 bopd......and that is not taking into account the other numerous wells that will be drilled before the year ends. I'm still hoping for 3p by year end. But i'll settle for Nomoney's 6p ; )
Very true not long to go. All the pieces are falling into place. Spud around 21st 2013 final results-could we see break even I think its possible These two events I believe will shift the sp significantly and then results from the first well should set us on fire.
I'm sure the rampers will arrive when we have spudded and you will see them go full on until Aug/Sept!
Looking good in TT in the video. Roll on spudding. Those looking for some diversity look at ASH way over sild huge £177m pipeline yet mcap of £7m. Techs in favour too should see big bounce and gains to load into here :-)
in approx. 2 weeks time. exiting times ahead and couldn't care less about the derampers as I still have an end of year target of 3p as we should be around the 2000bopd mark. It might not look at it at the minute with the sp where it is but not long to wait till this is a distant memory imo.
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