RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Mm disengaged?SlyFox1 wrote: Assuming Bakau is a quick restart like we all believe it is, it benefits SGE and SNV. Gets cash flowing to aid in funding the work program.
Have to assume the work program is more around additioanl development and increasing production output, rather than just the restart of Bakau.
Seems logical Bakau was not part of the work program
Here are the reasons why I think you're right about cash generation as a priority:
1. Bakau was the last to be shut-in in 2016 (presumption that its the therefore easiest to reopen)
2. Lastest to be discovered of the 3 fields.
3. Best production rate of the 3 fields at the time of shut-in.
4. Best transport infrastructure of the 3 fields.
5. Closest to the 2 refineries.