Almost worth piling in some more dollars ...it seems very cheap.
- huge acreage holding
- wells on production
- future production
- barrels of oil still in the ground
- smart, measured and disciplined board
With a partner to fund the drilling campaign the risk is massively reduced while revenue will go through the roof .... and toss in the current oil prices and global supply tensions.
Perfect storm it seems ... in a positive sense
Lets hope Ian and the board can bring home the goodies with a big proactive cashed up partner
$100 Oil by year end?, page-298
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