re: Xerxes asked "Has the market underestimated the significance of this find"
Well, lets see.
Pre-Worrior, STU was trading at about 40 cents, and had 1.2 mmbo of reserves, and production share from Acracia of about 1000 bopd.
Post-Worrior, STU is trading at about 53 cents, has 3.6 mmbo of reserves, and production share from Acracia and Worrior of about 2000 bopd. Once the pipeline goes in to Worrior, I'd be expection an extra 1500 bopd to STU over that.
Market might have underestimated ? Ya think ?
Ian Whitchurch
re: Xerxes asked "Has the market underestimated the significance...
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