RE: Don’t lose sight2 Nov 2018 12:31
Imac1, I think you are being unhelpful by using such ambitious figures. 2500 bopd?
Let me remind you that Balcombe is in a prime position at the deep centre of the kim formations and it is a horizontal bore with 1,714ft exposure, almost three times Brockham. It did great and in it's very short test of just a few days it was flowing at 853Bopd and 1,587Bopd on two tests. It slugged at up to 3,000 bopd.
By all means get excited about oil and $$$ but it's better to use more conservative figures to build price forecasts, because otherwise the expectations will be set too high. You are getting carried away, got your head in the clouds a bit there. Stick to 1000 bopd to get people hyped. it's enough to make us all a lot of wedge - and as you said there are other wells on site that can be converted into kim producers easily enough.