PYM pryme energy limited

similar company

  1. 4,837 Posts.
    If you like PYM you should also take a look at ELK

    PYM ELK
    BOPD approx 60 360
    MKtT cap aprrox 55mil 20mill

    Elk has significant upside with little risk as the oil has already been found. Compared with PYM which still has to find it.

    According to PYMs investor presentation the Turner Bayou project, 20 Frio wells successfully drilled should produce $7,294,976 income per annum.
    ELK is currently producing this already, From the workover of 5 wells, at a fraction of the cost of drilling new wells.

    The oil has already be found.

    Not having a go at PYM just thought Iwould bring Elk to your attention.

    Cheers Davo22
 
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Currently unlisted public company.

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