RE: Clarifications please4 Nov 2018 09:29
There seems to be a contradiction floating about re the gas that may be regulated to 450bopd or there abouts.
and there are claims tanker movements (up to 6 in and out) will be the max.
Now, either way, using Vonks valuation, then if we can only produce 450bopd we will still have a target M/C of 125M or as much as 180M and this will only require 2 tankers a day.
If however, the gas is minimal, then getting 6 tankers of oil out per day means our M/C rockets to 150M / 270M.
Now, what happens if one of the other 2 wells are then directed to the Kimms as well, it would be pointless as there is not enough tankers to move the oil so I am beginning to think Angus have already made plans which could soon be announced as to getting the benefit of large numbers of oil flowing and the proposed logistical disposal or they must have made contingencies for additional gas produced from the new well.
Perhaps, with the next RNS, we may learn a little more of their plans and how they intend to overcome various scenarios which could slow down progress if nothing is done.
Be lucky...