RE:RE:RE:RE:RE:OK so let me kick this off.....To build a billion dollar company SXE will need production, Reserves and minimal dilution. give or take SXE's 400 boepd's isn't going to get us there and at this point the comparison between SM Energy....Rexx is a dream.....Just saying.
But there definitely is potential over the next 1-2 years.
Interesting that the companies that they bought the ND lands from opted to take shares as payment in exchange for 100% and the pres's Private company kept an 2.5% overriding royalty interest on revenues.