Ah I m buy in, long term cash flow is good with additional wells...

Ah I m buy in, long term cash flow is good with additional wells add to production. Will soon generate enough cash flow to pay for drilling no need to touch the debt facity. And it s a good thing to pay down debts where posible cash unused. The debt facility should only be used to fund drilling of provened location and quickly replicate success well like Cozart 19.

That s the way to go! watch the revaluation event comming when there are 32-40 wells in action. Go for the horizontal wells when the cash flow base increased to sufficient level. At the current SP level a share buy back would add great value for existing long term holder.

You should consider selling your holding and move on then. :)