Rex 4 probably been spudded by now and on completion of drilling is targeting 300bopd & 1400 mscfg/d .
Company expects approx. 155,000 barrels of Oil & 1.3 Bcf Gas from Rex 4
Then total Wizard Lake Oil production approx. 750 boepd.
Then onto Rex 5 which is is expected to be self funded
Then onto 6, 7. 8 ........................
Then you look at Oil & Gas prices and demand
Then you look at WBE's share price which is 0.002 away from nothing.
Not sure where it will settle but it is most definitely well north of where it is now.
GLAH.
Rex 4 probably been spudded by now and on completion of drilling...
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