In Q3 of 2019/2020 financial year WBE produced 74K boe for the quarter, then covid hit and the rest is history...
So, it wouldn't be too crazy to predict that we could achieve 50K boe per quarter going forward despite well production declines, etc, etc. Plenty of cash to finance new drillings IMHO. Of course, if WTI prices hold above US$70, that is a big IF.
Ann: Half Year Financial Statements, page-8
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Mkt cap ! $2.304M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.2¢ | $3.144K | 245.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 254708 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 1.4¢ | 27961 | 1 |
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| Last trade - 15.15pm 16/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.4¢ | 1.4¢ | 1.4¢ | 25000 | ||
| Last updated 13.05pm 16/05/2024 ? | |||||
| WBE (ASX) Chart |