RE:RE:RE:RE:RE:Have you done the payback period on the wells?
You have an impressive background - well suited for this space. Please keep posting.
I'm hoping for the 700 boe/d too - so far so good.
I also think that if they keep spudding wells with this kind of production and at these commodity prices they should get a valuation boost in reserves.
For a company with a <$100 million market cap they have
$615 million proved and probable reserves (which could increase?) Plus another $200 million possible.
$200 million in plant and property assets
They last 2 wells combined are producing at around 1500 boe/d total (unhedged|) at $150 CAD WTI thats approx $1.5 million a week in revenue from these 2 wells alone right now.
I hope they add another well or two this year because of this.
And the per share free cash flow metrics will be pretty impressive in a few quarters!
Cheers and good luck!