Might as well throw my 2c in also.
Price before flow rate announced: 8.5c
Flow rate: 220 comingled
Share price: 14c spike 11c settle.
With share price gradually rising again after settling as contingent oil figures announced plus announcement of expanded potential oil in place figures across full acerage (approx 8 billion being my estimate both conventional and non conventional).
Farm out: Aug17: 24c (4-5 well exploration program announced for 2018 with farmee financing 100%)
Price March 2018: 35c when oppies expire
Buyout: September 2018: (80c-$1 after successful exploration wells)
POO at Sept 18 approx $60 a barrel steady
All IMO (guesstimates) and DYOR
Might as well throw my 2c in also. Price before flow rate...
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