Question: Why hasn't this moved after the last announcement?
My Answer: While there was a 20% increase over last months production, I would say that the market is waiting on actual numbers the surpass the originally quoted 650 to 700 bopd. What has essentially happened since the time of acquisition is a bit of wobbly production followed by a drop, and now back to normal.
In my opinion the market is waiting to see a surplus due these improvements. i.e. 750 to 800+Bopd.
Ann: Tangai-Sukananti - March Operations Update, page-43
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