Lol ,steady regular income in crude , you need to do your research before you post this misleading information
BUY production in crude has dropped nearly 45 % since 2021, with 2023 providing an unconfirmed revenue of $1.7m or 18,209 boe - (2020 $2.9m. - 27,289 boe - the share price at the time was .005 , below what it is today )
The completed well is rated at fair to good and once tied back to the existing wells it would not likely provide the 45% increase in product they have lost since 2020 . So they burning cash to recover their losses , so as for your comment steady regular income , you are wrong !!
DYOR
Ann: WATKINS NORTH 1 OIL DISCOVERY - NACCOWLAH BLOCK, page-13
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