LOL - the haters on this one are hilarious... This has never in its history flowed this much gas & oil ever.
But they'll tell you its all the same... LOL
Back on to FPL - the May production report was announced 6-June
I'm hoping the June one follows in that timely manner as 6-July is this Friday!
Production profile is growing exponentially since they changed their strategy (monetise their oil flows to become CF positive & then go after the gas... ). This change occurred March this year.
Monthly oil Production
- 3811 bbls May (up 14%)
- 3336 bbls April (up 40%)
- 2002 bbls March
In the 6-June announcement, they expect a further increase this month given the workover program.
FPL Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held