They've expected that flow rates from Glamour Girl will be 1.5-2 mcf a day, and oil production between 30-60 bopd.
Assuming they can get flowrates of 2mcf & 50 bopd, they will earn with their 15% interest around $1 million pa. Nothing huge, but enough to cover EMR's admin and running costs. It should help in minimizing dilution.
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$3.51 |
Change
0.050(1.45%) |
Mkt cap ! $2.302B |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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4 | 37149 | 3.470 |
3 | 15859 | 3.460 |
7 | 59255 | 3.450 |
3 | 5862 | 3.440 |
Price($) | Vol. | No. |
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3.510 | 4577 | 2 |
3.520 | 1434 | 1 |
3.530 | 29551 | 5 |
3.540 | 7959 | 3 |
3.550 | 30364 | 5 |
Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
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