Tie-in of 1st Bigoray well / Bencro / KeonI doubt that the other 29 wells will produce any more or less than this one bencro if the land is all in the same area. It should produce about the same give or take a few barrels. The horizontals at Bigoray are producing anywhere from 50 to 500 barrels a day. So even at the low end with 30 wells @ 100.00 per barrel that is $150,000 per day. It costs $1,000,000 to drill a horizontal for the length they are drilling there. At that rate the whole drilling program is paid for in less than a year! If they produce more than 50 barrels a day .... well ... the math speaks for its self.
Just a couple notes on Bigoray for those who don't know have a clue. Bigoray is in the Pembina Oilfield. Before the Middle East hit the big time the Pembina was the largest Oilfield in the world. The Oil there is light and sweet. The scent is pleasant and it hints of a delicious money smell. It quite literally is the creme de la creme of Oil.
I won't comment on the trading of late, one can't control the stock market, too many idjuts in it. Just to say I haven't sold any shares.
Last but not least ... I don't know what you have got against bencro Keon but you can stow it. I know a slimebag pumper when I see one and he ain't one. Now I know it may be a hard pill to swallow but despite the share price this thing looks good.