Crude oil prices moved further up today after the U.S. Energy Information Administration reported a crude oil inventory decline of 12.6 million barrels for the week to November 25. - OilPrices.com today.
Drilling the Sycamore is a good move - gas rich and Germany to run out in February. Gas will go to over $9 and possibly as high as $15.
Agree that monetisation (sale or a buy-in) of ground would put us at cash backing with money coming in the front door. Definitely worth 2 cents and most probably 3.
Ann: Wolf Pack Well Operations Report, page-4
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