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$3.10 senex energy limited

WSG Production Rates, page-3

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tt2000

2,345 Posts.

539

24/02/18

01:21

Post #: 31307431
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Originally posted by g12m0 ↑

This is from SXY dec quarterly report on 19/1/18.
It is quite clear that on 19/1/18, production was at 2 tj/day. Looking at that graph come July 2018 production should be over 10 tj/day! It will be truly challenging to get to 10 tj/day by July 2018! Forget about average here and there. SXY has plenty of chance to update the ASX about today’s production rate if it was on track.
Also, the graph included phase 1 wells.
Start Quote:
Production from the Phase 2 wells has since stabilised at around two terajoules of sales gas per day, noting that several wells are experiencing downtime due to commissioning issues in the field. Notwithstanding these initial operational challenges, the production rate is ahead of P50 expectations, indicating good permeability and partial dewatering in the area from GLNG Roma production located directly to the south.

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Mate,
Ian Davies said we are ahead of P50 expectations. This was said, plus referenced in the report.

I've had discussions with them. I'll post some more info tomorrow.

Out having drinks for now - celebrating being a SXY holder with some fellow holders...

SXY Price at posting: 36.0¢ Sentiment: Buy Disclosure: Held
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