Be best to get what they can when it is still pumping.
Wizard was only ever a small oilfield with a finite reservoir. I did a calculation once of their stated reservoir volume and projected pumping rate and I recall it indicated it only had around a 4 year production life.
What they can get for it will be based on those known parameters in calculating a value as we aren't talking about some well like in Saudi Arabia with a mega billion gallon reservoir or production life in the decades
WBE Price at posting:
2.2¢ Sentiment: None Disclosure: Held
