BUY 0.00% 0.5¢ bounty oil & gas nl

Ann: WATKINS NORTH 1 OIL DISCOVERY - NACCOWLAH BLOCK, page-13

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  1. 2,058 Posts.
    lightbulb Created with Sketch. 385
    Lol ,steady regular income in crude , you need to do your research before you post this misleading information

    BUY production in crude has dropped nearly 45 % since 2021, with 2023 providing an unconfirmed revenue of $1.7m or 18,209 boe - (2020 $2.9m. - 27,289 boe - the share price at the time was .005 , below what it is today )

    The completed well is rated at fair to good and once tied back to the existing wells it would not likely provide the 45% increase in product they have lost since 2020 . So they burning cash to recover their losses , so as for your comment steady regular income , you are wrong !!


    https://hotcopper.com.au/data/attachments/5513/5513176-8b977cc21125eaa08998ec74628d28bc.jpg

    DYOR
 
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