FPL - Last week they turned the corner, today they changed the game...
This new well adds 50% to the monthly production (50bbls/day * 30 days = 1500 bbls).
But what is more significant is the game changing - COMMERCIAL - gas flow rates!
These commercial flow rates unlock the 220BCF P90 Contingent resource.
4M EV at current levels is an absolute steal when comparing to peers being STX/RLE which are both well over 50m & approaching 100m in some cases.
These results are very exciting & encouraging.
Short Term Trading Week Starting: 4 Jun, page-282
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Last
8,015.8 |
Change
72.200(0.91%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,943.5 | 8,018.1 | 7,942.6 |
| XAO (ASX) Chart |