Unicorn1 .This is very good news as the oil and gas certifiers have said the proved resource for south marsh 6 is over 3 million barrels of oil based on the current price of oil this is over 300 million dollars (and hopefully there is alot more as certifiers are normally very conservative).They also certified that there is over 6 million (mmcf)of gas.The market cap is only $120 million and they still have eugene island and grand isle to drill.
BYE Price at posting:
$1.09 Sentiment: ST Buy Disclosure: Held