Material UnknownsAside from selling oil soon and getting revenues, there will also be the 10% revenue from stage all of which will be cash flow to be plowed back into drilling more wells. Will that be significant enough to ameliorate the requirement for any significant equity raises, or will they be financed via a Line of Credit or joint ventures with other companies using their capital and splitting the proceeeds?
I think the near term BOE will be a very secondary impact to the overall effect of land value & stage value. Both could be very dramatic on their own!