up 33% oil production
up 242% gas production
up 26% net revenue
Current production/revenue is greater, as bowtie west not included.
With 6H and 8A wells + EF Horizontal/s coming online in the next 6 months, net production/revenue could triple.
I believe EF horizontal/s are prepaid. So, with current revenue and cash at hand + the extra 0.6m raising, i believe we will be able to frac 6H and 8A without needing to raise any further funds.
Projected next quarterly net revenue between $3m - $4.5m.
I'd rather drop dead and die, than sell my shares anytime soon....
Good luck to all!
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