My favourite part to the announcement today.
Steady growth in production = cashflow = increase in capital value.
Its all good news so far..
From the report today.
With the initiation of drilling from the 4 well NSE-A pad, production is anticipated to
increase significantly over the coming two to three month period. An additional three multiwell
pads are under construction over the northern undeveloped portion of the NSE central
fault compartment. In addition, land purchase is underway for a number of drilling locations
in the NSE north fault compartment (a large prospective resource region) and the NSE
central fault compartment (a large 3P reserve region), with the objective of increasing the
Company's proved and probable reserves.
actually the glass is half full, page-12
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