You've got to love this thing. Tiny market cap, but partnering with a bunch of crusty old local wildcatters, in the heart of US of A oil (and gas) country.
They've got a bucketload of prospects for such a small company and a plan for numerous, low cost wells.
Reminds me a bit of BPT seven or eight years ago, when nobody rated the Cooper Basin anymore. Still, BPT just kept on drilling one, little producing well after another...no single well was terribly exciting, but one day you woke up and, "Hey, these guys are actually producing a respectable amount of the black stuff!"
So, not a short-termer, but not a 5 year prospect, either.
Took a position today and giving it six months to start showing the goods.
Hi ya fellas! A big ol' down south welcome to y'all!
You've got to love this thing. Tiny market cap, but partnering...
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