PPP 0.00% 3.7¢ pan pacific petroleum nl

tui slight drop

  1. 7,174 Posts.
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    Latest info gleaned from NZOG indicates that water cut has increased slightly in recent times with a consequent drop in BOPD production

    Currently the target production is 45,000 bopd so it has eased back slightly from the previous levels that were suggested to be 48,000 to 50,000 bopd.

    The JV is still expecting to exceed 12 million bopd in the 2007/2008 company finanacial year ending June 30.

    Field has performed far better than originally expected and continues to perform well.

    So good news still with the Tapis rate so high .
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