Regulars: Post Fundamentals for Newbies There will be a lot more interest in this board tomorrow as a result of the BNN segment. The potential new investors will be looking for more facts to base their decisions.
Therefore, I suggest some of the trusted posters here (e.g. Oullins and others) give a breakdown of the what this company has (non-financials) such as:
1) 3000+ bopd wells;
2) from only 1 or 2 zones of several untapped in each well;
3) negligible decline rates after 2 or more years flow;
4) some of the highest quality crude in the world fetching a hefty premium to WTI;
5) possibility of having hit a whole new reservoir in the latest well; etc.
But then also, in fairness, point out that all profits are split with an indigenous partner.
Note also that the violence reported in the news is at least 400 km away to the north and has no bearing on operations - though pipeline sabatoge does occur on occasion.
Greg