Oil Looking To Close At $96+to start the week off. Ive read a few articles calling for $115 oil prices for the month of March as Russian invasion continues. AXL should be spudding both REC 2 and RCE 1 simultaneously IMO considering oil and gas prices are 45% higher then 3-4 months ago.
45% higher margins for AXL means more money in the bank to drill and expand operations.
producing 1300/BOE should bring in some nice cash flow.
Lets see what this week has in store for AXL
GB