Reasonably happy with still over $5 mill USD and production only slightly down from last quarter.
With the lease purchase it was obviously a more expensive quarter than usual, I must say though I hope they can substantially increase the oil production out of Bast as 10bpd is hardly ground breaking revenue...
I feel rather confident WEL as I have said prior will come out of this in a great position as a small producer when some of the big boys go bust in the process of this lil capitulation.
Welcoming any thoughts and opinions here!
Ann: Quarterly Activities and Cashflow Reports -31 March 2020, page-2
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