what do u think, page-7

  1. 3,353 Posts.
    No, it was Fiddich and in a different licence up the road from Cliff Head.

    Cliff Head is a done deal now, it is simply a matter of how much and how many wells they get into production. The follow up testing will try to establish whether the discovery is any bigger.

    $500K a month production (if that is the figure) has really only started kicking in just now as Jingemia comes up to speed.

    The stuff in Yemen seems to be a bit of an unknown and a wildcard. But how often have we seen something not hyped sneak under our guards with a major discovery.

    I like the production cashflow of this company which can pay for exploration without soaking up the capital they currently have. And if they discover something big they have the money in the bank already for development and also options to boot to raise the extra capital.
 
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