RE: ITALY11 Oct 2019 12:10
Italy is doing great, but its not where the potential lies. Its a small base and even doubling it doesnt mean much. Must reflect previous production downtime . AST is selling 14,000 MCF / month and its a sinking ship. ZEN sold 2,867 MCF over 3 months
With one well workover ZEN has more than doubled its Azerbaijan income and secured a cashflow. Italy doesnt generate a case cashflow for workovers - Azer had to fund its own work programme