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Ann: XST Raises $1m to ramp up Californian & Canadian Production, page-115

  1. blackitalian
    1,829 Posts.
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    11/08/21
    16:41
    Post #: 55209875
    it wasn't a dumb question. but you got a dumb answer from the brains trust.
    they got a 5bcf discovery from potential~ 170 bcf targets......
    nothing to brag about but could get some good cash flow weather it's for 1 month,1 year,10 years...... no one knows till you get production history.
    Sacramento Basin is a graveyard only ~3%to 5 % of wells are successful.
    XST Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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