ppp selling 5000 bopd at TAPIS US$95.7
SP 24 cents
4.2 million barrel 2P reserves
market cap 144 million
looking at net cashflow 100 million this year
25 million in cash dec quarter.
Looking for huge earnings this quarter from 5000bopd selling at TAPIS prices at record highs.
MAitland gas project 10% 260bcf. development decision pending, potential 800bcf reserve
very undervalued should be easily 35-40cents based on TUI alone
DYOR
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- thanks guys