GREY:CNKEF - Post by User
Post by
profittaker1on Apr 11, 2017 7:54pm
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Post# 26109925
Delphi Energy's Last 3 Wells
Delphi Energy's Last 3 Wells
Well 14-21 IP30: 1606 boepd, 737 bbls/day condensate, 226 bbls/d LNGs. Well 16-21 IP30: 1968 boepd, 763 bbls/day condensate, 180 bbls/d LNGs. Well 15-8 IP20: 1326 boepd, 695 bbls/day condensate, 140 bbls/d LNGs. The warrants are trading at $0.74, exercise price $1.40 until July 14, 2021. If Dee hits the recent price target upgrade $2.75, the warrants would be worth $2.75-$1.40=$1.35 + time value. Likely at least a double over the next year with 10 more wells coming on in 2017 alone. Don't listen to investors who lose money.