RE:RE:Cash on handAnd with that, Brent traded 95.00 - 74.00 from October to the end December, and the company will fall short in Q4 2014. A very challenging 2015 ahead trying to increase production and remain cash flow positive. Its easy to stay cash flow positive when you drill 2-4 wells all year. And PTA stated they would do this in 2014, they didn't, infact they said they were going to drill 6 wells in 2014 if i recall. 4 appraisal, and 2 production. Tough go here folks.
https://www.nasdaq.com/markets/crude-oil-brent.aspx?timeframe=6m