Novac, haven't really done much of a peer comparison myself on this one, but do most others with similar market cap and revenues have more operating well then just one?
I think HOG may be getting discounted due to 1 successful well so far and being in ukraine may contribute a small discount as well.
The success of additional wells I believe de-risks significantly and adds revenue, so hopefully should have a double effect on the market cap and hence share price.
Just my opinion. Cheers
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