re: announcement out..more oil There is no denying that this is an awsome field and program.
The price we get for this easy oil is about double that of 2 years ago.
So 22 new wells (in production or awaiting connection) today is like 44 new wells a few years ago in dollar terms. Double the revenues for half the oil.
The sp a few years ago would have been double what it is now, imo.
This stock is now a sitting duck on fundementals. 15 years of oil reserves at Tintaburra, 22 new wells in six months. Over 30 more drills this year. I bet the Tintaburra program continues next year also.
15 cents today, lol.
re: announcement out..more oil There is no denying that this is...
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