Personally capital raise via equity is a myth, they will go for debt finance...
They should be about break even now, once they get the other wells into production, company will be self funding on a daily basis :)
Fantastic result J-58 you little beauty :) :)
I had penciled it in for a sustainable flow-rate of 1000 BOPD from the T2B horizon.
So I'll have to revise my thesis numbers upwards.
Looks to me like J-58 will now do @2,250 bopd once the 3 zones are co-mingled :) :)
market is crazy, who care's we'll still keep buying them up, as they are a licence to print money.
LOTM
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