I think the most important thing for BKP is to get the La Punta 2 well flowing. Giving them planned flow rates of 400bopd. This combined with another 100bodp (assuming La Punta-1 well will keep flowing) + 1 million revenue a year from LPG and Nafta sales will bring BKP revenue of around 15-17 million a year at current oil prices.
It would certainly help there money problems if they could find oil at Mugello-1 or the lower formations of La Punta and add another 400bopd to there flow rates.
BKP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
