Post by
TonyDj on Nov 14, 2016 8:48pm
NBZ is a drilling machine.
If NBZ can drill that many wells in these low oil price conditions and spend very little. What's it going to do when Oil rebounds ? Most E&P's are selling assets and worried about debt repayments. This company is like a Trump. It's a winner.Paying a dividend and increasing drilling to grow production. Staying within cash flow and no bankers calling until Jan 2022. Also, It doesn't need the Banks. It has 2 Private Equity backers to help out if it needs cash to grow.