26 boe per day is about $1000. A good start. the big risk for shareholders is whether the $30 million is spent wisely. the last 2 wells were below expectations, so the performance for the next 2 will be critical. Oilex is a very small company and three consecutive failures would be deadly. The eyes are watching very carefully.
26 boe per day is about $1000. A good start. the big risk for...
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