we already have several wells not sure how additional 2-3 wells will add any value apart from realising higher oil price currently.
with the cut in oil production from Saudi I expect there will pressure to produce more in the US however I wonder the value the management want to realise is realistic or not in the current economic climate. surely they cannot expect what they thought in 2018 to come to fruition now. wonder what is that price they would be ready to partner in this environment
News: ATS Australis Oil & Gas Says HY Net Loss After Tax $13.8 Mln, page-23
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