$9.6mill cash with 21mill MCFully Fundedmulti well Drilling...

$9.6mill cash with 21mill MC
Fully Funded
multi well Drilling commencing in just over a week
65-75% net revenue interest
Potential for 32 development wells with potential of 179,000 ? 810,000 barrels of oil per well!!
finally some big number potential in the drills :)

still have cash positive production from multiple wells from other projects
and big potential PEL 105 project is still on the table for later on

and don't forget that Austin has a very high success rate of drilling commercial wells so those large oil/gas reserves have a great chance of seeing the revenue pipeline

no surprise there is interest pre spud in a real company making campaign

Turbo