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3,607 Posts.
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08/07/18
19:28
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I think Sector, and Cmon would agree:
if they can work out a commercial soln to sell gas - then the stock does indeed have upside ........
capex from small modular liqyuids strippers, and then small compression to get it to line pressure ........what 5-6m .......
a couple of additional wells .....say 500k each ...plus infra .....
on the flip side:
we know that the two current wells were stated as "oil wells" ,,,,and that gas would be blown down to produce the liquids ......
there is clearly gas present .......at what volume per well (pierre vs nibrara (sp?)) is a big question .....
adding fuel to said fire - there does appear to be a "pattern of events" ........
anyhoo - for the sake of both long-suffereing holders, and potential new players - I hope it can work out ..........
im not sure I would (personally) trust management with my funds !
however - that is what makes a market .....
rgds
Value_Hunter
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