RE: Las Maracas Field is a good story. Possibly price to annualised cf from current prodn around3.3, reducing to under 3 with pick up in next qtr with facilities completion and with limited prodn up to less than 10k bopd gross. Guess it won't move much for a while as latter needs to be done and next LM hole is not due til next qtr...going from memory.
33.5 cents with a growing company at these cf levels and recent financing (altho expensive and dilutive) was too difficult to resist even though not expecting a major early uptick. GLA