• FY20 gross production was 65.36 mmcf/d (in the middle of the 60-70 mmcf/d guidance) with ~83 mmcf/d on average during the month of December.
• Repairs to the MB-2 flowline were completed on 9 December, increasing the capacity of the field to over 100 mmcf/d. Production reached 103 mmcf/d for five days during that month.
• Gross production guidance for FY21 is 65-75 mmcf/d, below the 80 mmcf/d we were carrying as production growth is pushed back by a year. We believe that the guidance also ref ....
14 Jan 2021
Wentworth Resources plc (AIM: WEN): >100 mmcf/d reached in December
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Wentworth Resources plc (AIM: WEN): >100 mmcf/d reached in December
- Published:
14 Jan 2021 -
Author:
Stephane Foucaud -
Pages:
5
• FY20 gross production was 65.36 mmcf/d (in the middle of the 60-70 mmcf/d guidance) with ~83 mmcf/d on average during the month of December.
• Repairs to the MB-2 flowline were completed on 9 December, increasing the capacity of the field to over 100 mmcf/d. Production reached 103 mmcf/d for five days during that month.
• Gross production guidance for FY21 is 65-75 mmcf/d, below the 80 mmcf/d we were carrying as production growth is pushed back by a year. We believe that the guidance also ref ....