With 600 bopd I would be doing a deal with a cashed up oiler with experienced oilers on board. No oilers on this board. The current management are not what you want heading an oil production company. Shareholders do not always benefit from excellent assets, which this looks to be shaping up to be and the most common reason is management are not qualified.
I'm holding and looking for 30-40M market cap on proven commerciality but..............
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- doesn't look good
With 600 bopd I would be doing a deal with a cashed up oiler...
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