This oil field definitely has plenty of oil in it to sustain a good run, but, like Admiral said a while back, (paraphrasing here and using approx #'s) they are pumping 6barrels and only getting 1 barrel of oil and the rest is salt water, so the fact that there is an active injection well only bodes well for this lease.
Also, I wonder if they are still pumping oil, but have stopped reporting it because of your good research. I bet they have to pay a fine, but it may turn out to be worth it if it keeps whatever it is they are planning under wraps. (maybe trying to keep the pps low so it is more appealing for private placements or something). Once again, I don't really know anything about the private placement side of the whole thing (Admiral does), so maybe he can shed some light on why the company would like to keep oil production secret until the RM is announced.
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