Risk to reward is excellent. IMO the only danger is a macro meltdown. The SP should be way above where it is with the ann on horizontal wells and 500 barrels per day already achieved. WE are not trading this one, it is good for at least 30 IMO but likely much more by end of year. 1st qtr next year should see a real boost.
arrowhead broker report 48c conservative tgt, page-3
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