re: Ann: Targets Gas Production of 15 mmcf pe...
Lets look at the debt of around 50 million.
If they could generate 10 - 20 million profit a year then they could replay debt at a rate of 5 million per year or more.
That may satisfy creditors or promote the possibility of selling the assets as previously mentioned or enticing another financer into the equation.
re: Ann: Targets Gas Production of 15 mmcf pe... Lets look at...
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