RE: TR-1s18 Jan 2019 16:07
Did some reading...
Early January RNS...with the geological model proven we look forward to the resumption of drilling at TLP-103C targeting the deeper Djeno horizon, which based on the production rates achieved from this reservoir on neighbouring fields, has the potential to be truly transformational for AAOG.
With operations on-going and the resumption in production at well TLP-101, which is estimated to have the ability with water injection to produce up to 400 bopd, these are exciting times for the Company and the Board believes AAOG is on track to become the highly cash generative oil and gas company we set out to build
Align research - Mengo discovery and R1/R2 look set to boost production to 750 bopd
A 44m oil column in the Mengo has been confirmed - nearby fields produce 500 bopd per well with stimulation. Experts believe that 400 bopd is achievable with water flooding from the TLP-101. Added together, this suggests a minimum of 750 bopd, making AAOG nicely cash flow positive
Maestro you're the only person that believes 500bopd is impossible. Then again why would you be here if not interested???