PYM 0.00% 0.0¢ pryme energy limited

Ann: Deshotels 20-H No.1 Drilling Update , page-3

  1. 590 Posts.
    Its encouraging that no one sold low yesterday.

    PYM have drilled and cemented the casing to 4,500' within about two weeks.

    One onshore well per month is scheduled to be drilled from September and at 50 bbls per day per new well (which can be brought into production in 2 weeks), along with this TB well PYM could easily be producing 800bbls a day by December.

    No debt
    $4m cash
    179m shares
 
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Currently unlisted public company.

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