RE: Currently17 Feb 2021 23:10
Crazy at $61 the bods have mentioned we are profitable at the mid teens for Stanley So even if it's $20 we are making $40 dollar per barrel.
Also while the market is expecting quick drills let's be realistic..
They are clearly doing the work in the background as per the RNS. While I would like them to drill the next well I would like to know updated the geological model and how much has do we actually have and the next well should be at an optimum location.
'The Falcon-1 well production data will be used to estimate the size of that gas field, and to update the geological model, before a decision is made where to drill the next well in the Champion Project'
Next could br Duff well as its a quick reconpletion well for a 20% followed by Stanley 5 as Baja know the data model..
Then the next one could be the outcome of the Falcon / champion /Cinnabar data model outcomes.