RE: Official cargo volume Amunds Spirit19 Jun 2019 19:56
This 30,000 or 20,000 bpd point being made is very interesting, with regards to flaring constraint.
Is it believed now that HUR could ramp up to 30,000 bod, without the need for the gas pipeline, even though HUR have consistently advised 20,000 bpd max for the EPS.
I thought it was always believed that the wells could produce more than 10,000 each and that it was purely restricted due to gas flaring.
If this 30,000 bpd is the case, and I bow to the superior knowledge of you oilies, and with the growing belief that the oil is flowing better than expected the SP should soon sky rocket.
I just fail to understand why HUR have not highlighted this possibility in their presentations, unless I have missed it, but I acknowledge Sipps supplied info that I was not aware of, thank you Sipp.
The HUR story keeps getting better and better and it could be that the CMD could well see a decent SP increase if this type of info is proven with facts by HUR on the 11th July.