Comment by mjh9413on Sep 19, 2025 1:37pm

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Post# 36720406
RE:water levels
RE:water levelsI guess the NR on Q1 tells us that the pump problem is also having an impact and the workovers to replace them were to take place in qtr 3. The NR stated "... replacement of the pumps is expected to return approximately 4,000 bopd of production capacity that is currently offline..." they also said "....changes to production capacity are not expected to have any impact on annual production guidance, which currently calls for average oil sales of 21,000-23,000 bopd in 2025." However they also said they was no new drilling until late 2025 and, if water levels are depleted, well, maybe even the lower end of that target might not be easily realised.