Right on Lew.
3 wells producing by June 30th. The quarterly result will be a blinder (production-wise but not cashflow due to the drilling costs) and the Sept quarterly will be phenomenal.
I believe they have 2 options from here -
(1) sit back for the September quarter and bring in some cash (great for the share price), or
(2) drill another well or two - which they could defer until the December quarter (and show a steady production increase over time - also good for the share price)
Let's wait and see what the plan is. I like the idea of getting cashed up so they can get more acreage. Either way it looks very good from here.
Banter and General Comments .. BRK, page-3935
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