“This positive result adds to the recently announced successes of the Huntington #3 and the Childers #1. The company’s multi-well development drilling and recompletion program is continuing to show positive and repeatable results, with potential for a solid build-up in operating cash flow. As a result of commodity prices (currently approximately US$ 13.00/mcf and $60/bbl), operating cash flow margins should be at enviable levels.”
CPC
carpenter pacific resources limited
“This positive result adds to the recently announced successes...
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