Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Current production is approximately 1,600 Bbls/d (gross), 1,375 Bbls/d (net). Production at the BFU is approximately 1,500 Bbls/d (gross), 1,275 Bbls/d (net) and increasing but, not yet steady, as stable flow must be maintained at individual wells while production rates are incrementally increased. Production at the Cole Creek Unit (100% WI) is approximately 80 Bbls/d and the 100% WI Dakota deep production well continues to produce 20 Bbls/d at stable production rates. Stimulation of this Dakota well on completion was not possible due to pressure limitations in the production casing up hole due to prior completions in the Frontier 1 and Frontier 2 sands. Performance of this well is encouraging for enhanced production from future stimulated horizontal wells
We're should the share price be this week?Me been thinking:-So with CUDA. We have oil in the ground worth $380m plus our assets (COPL. Shorecan. Atomic. SouthWestern. CUDA.etc. Then next week that will increase with the new find.. we was at 58p In August last year...and now 17-18p .. I do believe we need to have some improved quarters. But we really should be around 25-35p currently.
http://travelweekly.co.uk/news/air/southend-airport-in-talks-with-carriers-for-2023-services
This share has been to £1.60 (1.6p prior to the consolidation in 2016 On Nigeria news.
this share after suspension went to 60p.. I'm expecting the share price to achieve £1 ... It's all awaiting game on positive news flow and revenue generation.
‘ LONDON, March 29 (Reuters) - China's biggest offshore producer CNOOC Ltd (0883.HK) is preparing to exit one of the North Sea's largest field in a strategic shift of focus to newer oil and gas developments and away from Western assets, banking and industry sources said.’