RE: production update25 Jun 2021 20:38
You were trolling about this on wed geowiz. All you've done is wait a couple of days and come back with the same dribble.
Obvious you're just a troll..
"This was from their Q1 update dated 7th April when brent was bouncing between $60-$65 which sounds like a yes to are they economic?
"Wells WR-38Z and WR-16aZ were returned to production on 28 January 2021 and 3 February 2021 respectively. During 1Q 2021, the Company produced total of 29.8 Mbbls of oil and 14.6 Mboe of gas, resulting in a combined total of 44.4 Mboe of oil and gas. The average production rate for February and March 2021, after WR-38Z had commenced production but excluding WR-16aZ (as the well is currently suspended), was 573 boepd. This rate of production generates sufficient revenue, at current oil and gas prices, to cover over 95% of operating and administration costs and therefore preserve almost all of the Company's existing cash for new wells and facilities."