There is an article posted that the Valdero horizontal wells produced 30 tonnes a day. Thats phenomenal.
if we can do horizontal wells our 5000 barrels a day will be greatly increased.
price dropped because it seemed the company will collapse. I hope they ring and engage the driller on that other job and sack the one we have. Hope is not lost. 3.3c is dirt cheap
Justin thats 4 times our market cap per year from the production. Crazy cheap . Should be 9c in no time
Ann: Annual Report to shareholders, page-21
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