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'brockham oilfield production increase, page-8

  1. Surandy70
    6,736 Posts.
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    22/03/10
    21:13
    Post #: 6482398
    A good result. Either Midmar were unwilling to workover their assets or they lacked the skills to improve the flowrate.

    This improvement, if sustained, is a tick to our personnel and shows that they have potential to increase value over the assets they have control of.

    As kalmsg mentioned, this means $1.5m straight to the bottom line at US$80 per barrel of oil.
    KEY Price at posting: 9.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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