If it's EXPECTED to flow 40 bopd during water recovery then this would have to be the maximum oil
being expelled WHEN that figure of 229 bow & oil were given. Since that ann of 8/10 we were no longer
updated on the CURRENT flow of bow & oil. So it's either 40/189 bow previously or less. Regardless,
they are not expecting anymore than 40 bopd whilst water is being recovered. And yes, the water recovery
rate I would say v 8/10 when it was 229 bowpd is considerably less now, as is the oil recovery. Otherwise
as I said previously, IF 77H was still flowing back 229 bowpd then it would only take 3 weeks to fully clean
it up at 90% to get a TRUE production test rather than going in now for a 2nd rate production test that we are
told will take 30 days.
Gotta read between the lines and the missing facts with this crew. Picked it up too late with my tails but
glad to be out now.
GLTAH
OEX Price at posting:
6.4¢ Sentiment: Sell Disclosure: Not Held