AUCTUS PUBLICATIONS
Bahamas Petroleum Company (BPC LN)C; Target price of 1.90p: Getting ready to start high impact drilling – The Saffron #2 well in Trinidad is expected to spud mid-May. The well is expected to add 200-300 bbl/d production and to derisk ~11 mmbbl recoverable resources. The well is expected to cost US$3 mm and generate US$1.8-2.6 mm cashflow per year. In a success case, BPC would drill 5-9 follow-on wells in 2021 to add 1.0-1.5 mbbl/d. In Suriname, drilling is expected to start ....
19 Mar 2021
Auctus on Friday - 19/03/2021
Genel Energy PLC (GENL:LON), 84.2 | Harbour Energy Plc (HBR:LON), 282 | Challenger Energy Group PLC (CEG:LON), 0.1 | Canacol Energy Ltd. (CNE:TSE), 0 | Frontera Energy Corporation (FEC:TSE), 0 | Jadestone Energy PLC (JSE:LON), 26.5 | Jersey Oil & Gas PLC (JOG:LON), 154 | SDX Energy PLC (SDX:LON), 3.6 | Tullow Oil plc (TLW:LON), 36.2
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Auctus on Friday - 19/03/2021
Genel Energy PLC (GENL:LON), 84.2 | Harbour Energy Plc (HBR:LON), 282 | Challenger Energy Group PLC (CEG:LON), 0.1 | Canacol Energy Ltd. (CNE:TSE), 0 | Frontera Energy Corporation (FEC:TSE), 0 | Jadestone Energy PLC (JSE:LON), 26.5 | Jersey Oil & Gas PLC (JOG:LON), 154 | SDX Energy PLC (SDX:LON), 3.6 | Tullow Oil plc (TLW:LON), 36.2
- Published:
19 Mar 2021 -
Author:
Stephane Foucaud -
Pages:
5
AUCTUS PUBLICATIONS
Bahamas Petroleum Company (BPC LN)C; Target price of 1.90p: Getting ready to start high impact drilling – The Saffron #2 well in Trinidad is expected to spud mid-May. The well is expected to add 200-300 bbl/d production and to derisk ~11 mmbbl recoverable resources. The well is expected to cost US$3 mm and generate US$1.8-2.6 mm cashflow per year. In a success case, BPC would drill 5-9 follow-on wells in 2021 to add 1.0-1.5 mbbl/d. In Suriname, drilling is expected to start ....