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Ann: Philippines Malolos 1 Workover Update , page-7

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  1. 1,390 Posts.
    lightbulb Created with Sketch. 17
    Agree..Dennis has indicated that with oil around $100/bl
    you only need modest flow rates to be commercial..
    Your view of 100-200bls/day indeed would seem commercial if sustained..tranlates to around $10000-$20000/day in
    income..We really need to be on a winner here ,otherwise another round of capital raising and further dilution etc.

    Cheers..
 
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