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Candax Energy Inc CXEYF



GREY:CXEYF - Post by User

Bullboard Posts
Post by Malahaton May 01, 2008 7:49pm
411 Views
Post# 15029605

El Bibane production

El Bibane productionI recieved a reply from Candax via Pro Edge regarding production rates from El Bibane:

"The current output of oil is not constrained by the rate at which the gas can be utilized at the SEEB power plant, Candax is currently flaring excess gas until we get the gas re-injection line working after full field development."
 
I had hoped that it had been constrained and would increase when the injection well came into service. Instead, they are producing what the well can currently deliver. It seems most likely that the combined gross production from both wells will be about 2400 barrels of oil/day (1770 net to Candax) plus some natural gas liquids.
Bullboard Posts