I also hold this long term. The negatives arent that bad i believe. The two well failure were not from two of the producing wells anyway which is a lot better than if one of the producing had failed.
As mentioned above, the increase on just 90 ft of USR was 100 bbd. This leads to a modest upside potential of the remaining 500ft of 500 bbd out of one well once the technicals are overcome.
I see huge potential but it aint going to happen over night. Would like tho see a solid result by year end though
IPM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held