no worries pk76
2011 workover program will be highly significant and the potential for a SIGNIFICANT increase in production is tangible. If it as successful as the company hopes we could be looking at multiples of current production levels.
Other expected developments for 2011 are ;
PASE renewal 20 yrs, current arrangement expires sometime in early 2012
Upon renewal the company will be able to move forward with its exploration program ( as opposed to the workover program) having identified multiple shallow oil and gas targets yet to be tested with the drill.
Other points worthy of consideration are;
no debt
positive free cashflow
very tight register
divvie (and potential for increased divvie)
fundamentals, page-4
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