Wasa- 6 months ago they had very little money in the bank.Anticipated production for this time was about 20k barrels a day(not 45) and the price of oil could very conceiveably been $80 not $120.
It is only in the last couple of months they could have had ay inkling of how much wealth they would be sitting on.
To find an opportunity and thorough investigate it produce a bfs etc takes time.
Drill rigs are very hard to come by now as is any other servicig equipment and also very expensive.
No harm in letting the bucks sit in the bank awhile earning interest while they do a proper job of working out what they are going to do with 60 to 100mill and how they are going to do it.
Good luck and it is inevitable that you will get good money out of this so enjoy it.
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