" 4 workover rigs recently active in both Montana and North Dakota. This program will be complete this week with 19 wells being bought back into production over the last 6 weeks."
PDP & PDNP = $68mil & total proved $98mil with Market cap is $17mil surely there will be some upside if they can stay afloat.
Yes the debt is the elephant in the room but looking forward to seeing what the acid stimulation can do to these older laterals as that could give a real spike to the already re-worked verticals that have already almost doubled production.
SSN Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held