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Terry, Refer to last QTR 5B. Joint Development Agreement funding...

  1. monark
    7,877 Posts.
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    01/05/15
    15:01
    Post #: 15199984
    Terry,
    Refer to last QTR 5B.
    Joint Development Agreement funding was $2.497 million. That's just one QTR and the agreement is over a 3 year timeframe. They expect many more wells to come - who wouldn't at a production cost of $USD10 per barrell!
    GEV Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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