Not as much DL, but LGO needs to deliver the optimisation results. Today was the starter, now we need the main course.T-I can be desert, but i don't think we will see any big rise on the T-I deal sign off. It has been said before, potential doesn't move the SP, just like today.
The fact is, it can only go one way and that is up, good financials, massive improvement on bopd compared to original estimates, excellent staff onboard. NR driving it. Looks like they will need another sales tank soon.
Seen it all before with many companys of course. AMER and EME spring to mind. Great RNS's and the tree shake becomes a slaughter only to rocket when you least expect it. MM's will hold this back ad infinitum, until they are smothered in oil and dollars and are simply unable to hold it back any more. Sit tight is all you have to do here. GL.
Optimization of the flow rates from the four wells now producing on Pad 2 (GY-665 to GY-668) will now continue unconstrained by facilities throughput. This process of optimization is expected to take approximately two weeks to complete.
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