• 3Q23 production was 3,683 boe/d, slightly below the company’s guidance due to maintenance, turn-around operations at two of the production facilities and unscheduled downhole maintenance on pumping equipment on a few of the more productive wells. We forecasted 3,890 boe/d.
• This is more than offset by the high current production of ~4,100 boe/d following Pisces 10 and 11 being brought into production. Pisces 11 continues to clean up with Pisces 12 due to commence production in November. Cali ....
01 Nov 2023
Calima Energy Ltd (ASX: CE1): High production in 4Q23 and 1Q24
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Calima Energy Ltd (ASX: CE1): High production in 4Q23 and 1Q24
• 3Q23 production was 3,683 boe/d, slightly below the company’s guidance due to maintenance, turn-around operations at two of the production facilities and unscheduled downhole maintenance on pumping equipment on a few of the more productive wells. We forecasted 3,890 boe/d.
• This is more than offset by the high current production of ~4,100 boe/d following Pisces 10 and 11 being brought into production. Pisces 11 continues to clean up with Pisces 12 due to commence production in November. Cali ....