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Run the calculator over that 5o bopd that produced 4 barrels in 67% of a day
Would that be ~2.1 hours maximum at 50 bopd rate, and no other oil flow in the remaining 14 hrs
Down to the average of one quarter barrel per hour, at the 50 bopd rate, which is 7 minutes
By no means a useful number
In either case it is not a legitimate number to use, when production is measured in averages not peaks, it how much oil you have to sell after a days production that counts, noy the lumpy flow that put it there
Not quite $9M, more like £131,094.65p
58,264,286 share held by DW
14:57
You should get your facts right, 120M shares ???
Marlbs, natural flow for the upper but nitrogen lift for the SMD B, my understanding of the flow rates are 70bopd for the upper and 50bopd for the SMD B, however the derampers will say that its not 50 for the SMD B, more like 4, but they assume wrong imo. Also if you think of it as having up to 6 inlets, tested only 2 as PANR tested the others next door. All targets on one well with one pad which is much cheaper than having multiple wells and pads.
Silly me, just re-read that. quite right, only natural flow for USFS
Hi Taximan, did you mean no average flow for SMD-B as the first RNS states "both SMD-B and USFS demonstrated via oil production to surface with the USFS reservoir producing under natural flow", noted that peak flow for SMD is 50bopd and USFS is over 70 bopd. I should think it wouldn't be unreasonable to assume a combined average of 50 bopd for both zones for the small test well ?
Toffers with this RNS , if you are not happy , you will never be happy with any RNS in any company. You seem very bitter . You must have lost lot of money when you were invested. This is not good for your health. Give yourself a break from this board.
No joke and apology accepted, it says bopd and that is exactly what I said.
'The SMD-B test produced at a calculated peak flow rate of ~50 bopd'
SSSCCCSSSS,
I think your record might have a little scratch
Bopd was not 50.. The instantaneous peak flow rate was 50. Such a joke.
Marlbs, no natural flow on SMD B but bopd was 50
I’ve witnessed her performances over on the GGP board and on Twitter, she’s a fruitloop. Ignore every single piece of investment (or any other for that matter) advice she gives.
Despwration here if superdry is brought into a post lol
Anyone who had a look at the Superdry page over the past few months will know that Toffers is certainly not an oracle to follow investment wise. Complete clown who gets their research from instagram stories and lost a fortune, if a single word they say is to be believed! Follows wrong calls with wishy washy excuses about their health and cries ‘not fair’ when it all comes crashing down.
"Quality and deliverability of both SMD-B and USFS demonstrated via oil production to surface with the USFS reservoir producing under natural flow - positively differentiating Hickory-1 from results on adjacent acreage" I see the producing under natural flow is a differentiator from the PANR result, would this mean getting the oil out the ground would be a more simple process and cheaper to run day to day. Also the average flow rates seem OK, "the well produced at an average oil flow rate of ~ 42 bopd during the natural flow back period" on the upper SFS alone, + the average on the SMB-B, is there an average flow for this test? I seem to remember PANR average flow rate was only 45bopd in total, so is 88e capable of better, natural flow rates?
Looks like he’s on the same medication as a few others.
If your not invested f””” off then it really is that simple.
Hi sharebel, I am sure all genuine investors are. They are selfish arrogant time wasters.
Hi Sharebel - your post at 13.22 pm I think I said the very same thing a few days ago - surely the only way is UP and though it might take a little while till the market cottons on and we get more and more reassuring news like today, it will surely happen? Well, I think so and glad you do too.
Anyone else fed up with the tosspots on here trying to stick the fake knife in to us! Comical that their idiotic posts are clogging up the board! SP Played back and forth all day so expect some more big buy prints delayed! We may even see a TR1 at this rate clearly something big being filled! IMHO DYOR
Really ......have you read your own posts.....?????
PANR play group stuff .....
Why are you on this Board?????
Toss- ers seam to havev gone WHY>
Why are you here TOSS _ER
What a toss er to.