its amazing becuase if we had the news we go yesterday wityhout the dealys and stuff arounds, we would probably be trading in the 40s. the flow rates are more than enough to confirm the 100mcf target from 4 wells. the oil production ws a litlte lower but this was due to reasons outlined. What i does confirm is a atactive pertoluem system in the block and has increased the likelyhood this will move to development significantly, however its seems the life has been beaten out of current and prospective investors. Surely todays price with results so far provide a beter risk reward opportunity than when it was high 30s or low 40s
RIA Price at posting:
19.0¢ Sentiment: LT Buy Disclosure: Held