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Stream Oil & Gas Ltd SOGAF

Energy Oil & Gas E&P


GREY:SOGAF - Post by User

Stream Oil & Gas Ltd > Market is a joke for juniors
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Comment by otcmoonboundon Feb 20, 2013 3:53pm
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Post# 21018524

RE: Market is a joke for juniors

RE: Market is a joke for juniors

Frank,

$20 million is just for the gas; let's not forget the liquids.  The company mentioned in a press release that the pre-workover liquids rate was 47 bbl/mmcf.  At gas production of 6.5mmcf/d, that's 300 b/d of 62API condensate worth $10mm at very little cost to the company.  

https://streamoilandgas.com/_resources/news/nr_2012_04_30.pdf

 

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