A no nonsense update and straight to the point! Why can't others follow the same play book.
Key takeaways;
* Jewell's revenue is currently 900k per month
* Gas levels are still rising and oil flows are stabilising
* Sales from the Jewell well won't be included in the upcoming quarterly, payments from o&g are delayed from 1-2 months
* Rangers rig is currently in service and will head to the pad shortly (4 weeks was mentioned).
* Drilling schedule for the following year will be released shortly, IMO they don't want another cap raise or are planning to drill multiple wells simultaneously
* An NPV of $280m has been placed on them by spark+
Otherwise steady as she goes
Ann: Investor Presentation SparkPlus Webinar, page-45
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