Bullish development in OIL marketJust in time for flush production from new wells , if oil holds above $75 I amsure KEI will have a fall program drilling anothe 3 well ,total of 8 on the year. This would be an incredible boost to reserves and cashflow.
what is really interesting to contemplate is if the Tzone well come in as i expect then perhaps three t zones in the fall!!
As always do your own DD lots of names with better liquidity , but i dont know any that trade at such a discount to proven reserve value.