After recent cap raising now have about $7 mil in the bank. 288mil shares means about 2.4c per share backing. 4 holes back to back in the best onshore oilfields. First target has three possible zones with total 9mmbls (p50). Has some mega longer term projects another one announced yesterday. A great little speculative stock at current prices. IMO. Can't help recent rains/flooding and if it wasn't for the White Sands debacle this would have all happened over a year ago. Time and delays have not changed EBRs potential just tied up my funds that could have been working harder elsewhere. Just watch them get on board once the drilling becomes iminent. fc
EBR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held