Well you'd hope so they aren't getting any younger 2010 this was founded and they still haven't cracked the Sacramento basin properly!
I think it's pretty obvious what the play will be for me. Get the cash from Blue Sky invest it into Borba hydrogen facility. Then drill the 4-5 lookalike prospects nearby on the ord bend trend / kione formation with XST fairly de-risked. Last well to drill Alvarez's-1 for a 2.4TCF appraisal. If they have a successful campaign they maybe get to 25-30mmcf/gas. $47-56m USD per annum revenue.
If Alvarez -1 comes in be huge!
SGC Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held