This has never made a share for shareholders thus the constant dilution. Also be warned that the 611 barrels a day at $80 USD is $48880 USD a day, 365 days a year $17,841,200 revenue a year. more than our market cap. doesn't exist in that format..
its b o e so is equivalent where the gas 'barrel' is prob worth about $18-$24 not $80 USD. Also I generally work on 330 days a year, then you need to take off the 20% that goes to US states or others..
Ann: Another low-cost recompletion adds 92 boepd, page-9
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Mkt cap ! $3.061M | |||
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