RE:Further update from management shows revenue stream I wonder how management could have missed the following:
"FY22 production decline of 35 – 45% (from 12,000 bopd FY21 exit production rate) if there was no further activity"
It is between:
"185 wells producing, 115 wells on a level of support"
and
"FY23 – FY25 decline rate progressively reduces from ~20% to ~12%, similar to single well decline
in the presentation from Beach.
So, management couldn't tell you about either the +37% decline from Q4 2020 to Q4 2021 or the projected decline in FY22 in excess of 35%?