Lets see ,10 PB wells by June next year ,say 5 vertical costing 3 million and 5 horizontal completions costing 7.5 million .The 5 vertical wells averaging 70 bopd and the 5 horizontals averaging 120 bopd so circa 950 bbl per day + 1000 mcfpd associated gas + existing production of circa 100 bbl per day !!!! we are now a 1000 bopd per day + producer so market cap $100 millon+ with 2.4 bill shares on issue by then and a share price 5-6c c .Makes sense to me anyway ...might have another look at those 8c oppies now lol.
GGP Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
