would appreciate thoughts from BYE shareholders about if they have discussed with management further production from SM71 via additional development/production wells. It seems a crying shame that the JV have infrastructure in place and yet they are using only 60% of the platforms oil and gas capacity. Surely based on production to date the JV would be keen to extract sooner rather than later, its clear the economics of the filed are great with a 12 month payback - would make sense following the interpretation of the new seismic that they get rig to come back to drill a few more wells ....
BYE Price at posting:
23.0¢ Sentiment: None Disclosure: Not Held
