RE: Lies, damn lies and Hickstistics12 Jan 2018 09:38
The following Statistics have been given an X-Certificate.....
Those of you with a nervous disposition had best stop reading now...
Daily production for the month of November in the year :-
2012..........110 bopd.
2013...... 1,497
2014.......2,217
2015.......1,553
2016.......1,111
2017......... 905
Production is down by 18.54% on November last year.
Production dropped below the 1,000 mark for the first time since May 2013.
Are there any reasons?
You know, like several wells being off line for part of (or all of) the month?
If there are then it might be an idea to tell us in the RNS (who am I kidding - that is far too much work) ( or far too much information for the people who actually own this mess).
Now the all revealing MAT figures:-
Annual Production for the period from :-
01.12.2012 to 30.11.2013.........354,273
01.12.2013 to 30.11.2014.........687,565
01.12.2014 to 30.11.2015.........674,811
01.12.2015 to 30.11.2016.........492,657
01.12.2016 to 30.11.2017.........411,979
That is a drop of 18.57% - we are on the slide again.
This was an opportunity to spell out what (if any) reasons accounted for the drop.
To reassure us owners.
To steady the glimmer of confidence the Market has shown in the past week.
We are fortunate that we have scarlet in out ranks - who, despite being male, Welsh and convinced that all months have 31 days in them, will probably be able to give us some detail about individual well production - which just might explain the totally TIHS (read backwards) RNS Rick put together on the back of a fag packet on the way out to the Golf Course......
I really am NOT AMUSED....
Rick needs to go and SOON !!!!!