Based on the latest report revenue for next year will be at least $25 million. (22111 barrels a month at $95 a barrel)
With only slight increases in production MAD will get $30 million in revenue for the year easily, which will be nearly a 200% increase on this years revenue. The September quarterly will come out soon so hopefully that will give us an idea of the cash on hand and how soon MAD can increase to drilling 4 or 5 wells a month. Good luck to all holders.
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- september production report
september production report, page-7
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