Ann: Desiree Producing on Jet Pump at 390 bopd , page-31

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  1. 3,469 Posts.
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    re: Ann: Desiree Producing on Jet Pump at 390... Matyd

    Not clued up on Gas

    However this bit from the last Ann says it all

    "The Company future plans for the next 12 months is to primarily focus on generating cashflow from its
    producing assets. Desiree was recently placed on jet pump producing at 390 bbls oil per day and
    collectively with existing production from D&L#3 and Abita and future likely production from West
    Klondike the Company is anticipating monthly net revenue to grow to $450,000 (annual est of $5.4m).
    The Company is also anticipating to spud the follow up development well at Napoleonville, Louise, prior
    to end of this calendar year.
    In addition the Company with its partners will focus on the development of additional low risk
    development opportunities at the Napoleonville Field.

    Go Hawks
    CH$$RS R15
 
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