Hi you might have forgotten about the cost of the wells, about roughly 10mill a pop. They say they have 28mill I think it is less than that to be honest, a little bit of creative accounting going on, all my opinion. So if they drill 4 wells with a total of roughly 1400 BOE per day, can they really afford to drill 4 wells a year. No is my opinion, why do you think the last quarter was deadly quite with no drilling going on. They will be lucky to drill 2 horizontal and one vertical well a year, Very lucky to achieve this.
Hi you might have forgotten about the cost of the wells, about...
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