considering all short sales have been wiped out, any buying pressure will see it move nicely.
The potential at Crux is great.
The fact that there is total reservoir communication across all sands and CGR is consistant (and higher) would just make the economics more appealing also.
62mmbls is minimum in my book. Young upper sands will contribute quite significantly and there is the B sands (Plover) that will need to be added to the resource also. I wouldnt be surprised to see 100mmbbls here, excluding extensions into Southern Permit.
crux field, page-18
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Last
22.0¢ |
Change
0.030(15.8%) |
Mkt cap ! $64.27M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 22.0¢ | 19.0¢ | $29.19K | 135.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 80000 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 28990 | 2 |
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