RE: Question for the LTHs10 Sep 2019 23:51
If planning goes through for production there is nothing to stop the current "test" levels of oil coming from Horse Hill from being dramatically improved. For those new or those with short memory, "the Kimmeridge Limestone (KL) 3 zone had produced continuous oil rates of 563-771 barrels of oil per day (bopd). This flow was recorded over 24 hours". Restrictions on testing have limited production; once production permission is granted the taps may well be opened. Double the oil flow would surely double the MCAP, and therefore the SP. Speculation, but then isn't it all?