RE: Well well well18 Apr 2019 16:51
Pompey, you're spot on in that even in the current situation, we can still have a healthy debate (sometimes !!)
Like I said, I hope it does work out for Bloe and its shareholders, but there can be more than one reason to reduce the choke size than just to restrict flow due to available storage, it could also be to manage pressure decline in the reservoir- that's why I would want to see longer term flow rates .
The Georgian geology is an interesting mix of lower pressure, lower rate areas and those of high, very high pressure pressure which with modern technology should produce fantastic flow rates like from underneath the Caspian but even those are often maintained by using injection wells in parallel to maintain the permeability against pressure drop.
Their forward planning guidance could be revealing