RE: Saffron 2 drill site prepared; Conductor being readied for installation #oilandgas #saffron219 Mar 2021 10:23
Yeah and it's a great time now to build stock, this is a giveaway price imho, Saffron will be put on tap straight away,
Bpc gas a 100 percent interest in the Saffron discovery.......
....Our immediate focus turns to the upcoming drilling of the Saffron #2 appraisal well, which we anticipate beginning 17 May 2021. Saffron #2 will further our understanding of the field and, in a success case, can quickly be put into production at extremely low cost, potentially adding 200-300 bopd.
It is our intention that through these actions we can continue to increase production to more than 2,500 bopd across our portfolio which, with a conservative oil price estimate, can generate significant cash flow."