RE: ?21 Jan 2020 08:23
I have invested in ZEN, for Congo,kelsbells,.....one off frack, should see Mengo producing up to 1,400 bopd, dropping to around 400 bopd after 12 to 18 months,...then go for Djeno (104 well), which should produce from 1,000 to 5,000 bopd, without the drop off that is seen with Mengo wells,....the two major assets, should put credit rating to double B or better (imo), the yield (10%) looks good,...that's how I read ZEN & Congo acquisition.
BW