Agreed. They did inform the market that production is expected...

Agreed. They did inform the market that production is expected to be around the same number for the next couple of months. It's important to know that these (current) numbers do not represent the full capacity of BAS as of today due to the offline well current under maintenance.

Fundamentally ticking along nicely. The company is acting in a very professional manner with monthly updates for investors to track progress. Transparency is key in the micro cap world.

My prediction for 2018:
1. BAS to reach around 1000 Barrels/day (net) by the end of 2018
2. Significant upgrade to current reserves
3. Potential acquisition in the latter part of the year.

So back of the envelope calculations for potential revenue:

Assumption of $62/Barrel, Oil production online 85% of the time and production of 1000 barrels net to BAS a day ---- 1000 (Barrels) x 365 (days) x $62/ B x 85% = $19.2 Million USD a year (gross)

Rough numbers.