|yesterday 13:18||steelwatch||The answers are:
1. The current decline in oil production is the expected natural decline for fields in Western Siberia. Now that we are drilling again we will start to build the production. As you can tell from the press release we are very pleased with the A-106 well.
2. A-106 has an ESP installed read more...|
|Tue 11:52||loganair||Dennis Francis, chief executive, a veteran of working on huge projects in Russia, says that rather being hindered the company has been helped by the savage decline in its currency.
Having received its farm-in money in dollars and paying locally in roubles, it is effectively getting at least 50% more than planned in its capex budget.
The former Marathon Oil man is also relatively sanguine... read more...|
|yesterday 13:54||granto2||RTC…I reminds me of the coloring book game we played as kids, called Join The Dots. basically you use your pen to draw lines between dots and eventually it all comes together. it is now coming together at long long last. we are going to have some production once $45M is spent on drilling and piping. The H wells will be great touch wood, and the projects in the north of the license. DF... read more...|
|yesterday 13:46||steelwatch||RCT - you are full of cheap shots this morning, but, rose tints or not, our company can now see a bit further ahead than when, for so long, it was hamstrung by debt. read more...|
|yesterday 13:29||granto2||Chriscat, this share and company has been a mini disaster, some will disagree , but I think it has reached the turning point. This is a huge license, and the northern section is untapped, there are many ifs and buts. one thing is for sure…it is better now than this time last year. read more...|
|yesterday 08:46||carlo sartori||What astounds me is that there was NO reference to the overall reduction in bopd. It's almost as if the BOD are hoping no-one will notice?? Unbelievable.
Carlo read more...|
|Tue 10:27||corrientes||Since the vast majority have been shown to get it hopelessly wrong on share prices, particularly these days, DbarrOn is as likely to get it right as anyone else. read more...|