RE: Production22 Dec 2022 18:44
That's history but basically the bottom of the 1400bopd range. It's about current production now, projected production and being fully unhedged for at least 6 months and PROFITABLE next month.
It's about the JV to be presented to us in early January now DD is complete and that's BEFORE they even have any CC well completion data
It's about the new well recompletions (up to 7) ranging from say 50- 400 bopd potential right under Exxon and Continental noises
It's about adding all of the above to the RBL (unhedged production, profitability, ColeCreek expansion for further reserves) on top of the P2 38mmmbls.
Drilling of the Fed deep is the elephant in the room. We now have a permit. Mind, AM made no secret of his desire to sink a 500-1000m horizontal well in 100% owned CC also
I think it's fair to say AM and his team know what they are doing. The surface system upgrade system has been designed and apparently lower cost than first envisaged.
Merry Xmas everyone..! :::)))