RE: TXP - Paul Baay interview15 May 2018 21:55
I wonder if the opportunity he is talking about is around the focus of the Ortoire block, that should be a sizeable project in itself.
One thing that stood out to me in the interview, the mention of only one of the current five wells being taken into account on the figures.
I know Baay waits 60 days but I assumed two of five had been tallied, as such that could mean the current production of 1772bopd excludes the rates from 9 other wells in this current campaign as opposed to 8.
That could mean around another 40-50bopd ontop, if we assume an average conservative figure of 50bopd (I’d expect more when the pumps come online from some of the wells) that could mean another 360-400bopd.
That would push close to around 2200bopd by August.