We are expecting another test soon. While the current 70 barrels per day (bpd) is considered low, there is significant potential. This may explain why the stock price (SP) has not seen much movement, as investors are awaiting the next results. If the upcoming test yields similar or improved results, it will likely boost confidence in the well.
Guessing next announcement will be on 15/04/2024.
Ann: Hickory-1 Upper SFS Zone Flows Light Oil, page-18
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