The way this SP is behaving every one is very confident of a duster??
Can any one tell me what is their share of production in the Leighton wells? I cant tell from their website however I am sure I read some where they produce 170 bopd? If this is the case thats $5,000,000 gross to GBP per annum plus approximately $25,0000,000 in the bank....all this for a MC of $29,000,000.
I stand to be corrected on the above production figures but if they are correct then I am at a loss to explain the low MC....compared to some other oilers with no production and little or no cash in the bank. I hope this is just flying under the radar....for now!
GBP Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held