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MAX PETROLEUM 2007 A giant in the making

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lord shrewd - Fri, 22 Dec 06 :

Zaitoon,

With regard to post 138 - the company continues to target an average produiction rate of 250bop/day from each productive well - so on this basis it would be fair to infer that they must be expecting ZME1 to make up the shortfall on the first 4 (note the 900bop was only a spot test and far from optimised so shoudl impprove, also bigger pumps etc). Their confidence in ZME1 could be because the well has been drilled at an angle ... I am no expert but apparently this allows for good flow rates.....So I would expect a +ve release regarding production at the beginning of next yr....


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