RE: ?????18 Dec 2020 12:22
There still producing over 12000bpd from well 6 and deliberately slowed production to evaluate and management purposes,
Oils up 25 percent in the last few months, that has to be good for profit.
The 205/21a-6 well is currently producing at c.12,300 bopd on artificial lift with a c.23% water cut. In early November 2020, the Company decided to limit production to approximately 12,000 bopd for reservoir evaluation and management purposes and aims to maintain production around this level in the near-term.