Agree 247, also keep an eye out for Lamb15C vertical well they have 4 additional permits I believe drilling off the same pad here, not sure what % to SEA. Link:
These low cost quicker payback Verticals have certainly helped to tick production upwards - the strategy of mixing Vertical high % Wells with the Horizontal Wells is also working very well.
Given the mkt cap and the cashflow + cash + finance the next 2 months are looking solid, just need confirmation of the Breeden or Missippian to push us past the $1 mark and beyond. But everything carries risks until it flows. Time will tell but the signs look good. Please DYOR.
SEA Price at posting:
78.0¢ Sentiment: None Disclosure: Held