SHE 0.00% 0.9¢ stonehorse energy limited

Ann: Quarterly Activity and Cashflow Report, page-21

  1. 2,039 Posts.
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    David Deloub the CEO indicated first do Louisiana then Canada Alberta fields, then from the revenue generated either pay dividends or do share buyback .
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    I guess they will be driven by the long term tail end of the wells production, with the peaks of production doing the majority of the well's payoff.
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    Canada might make up for the short fall in Louisiana ,especially with the trans gas pipeline and the export activity occurring around Vancouver.
    .
    Exciting 6 month ahead. then maybe in a years time dividends from a cash rich "Stonehorse energy"
 
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