RE:RE:RE:Long Term Price Target | 50 to 55 Production WellsThank you. I'll be sure to keep an eye out for any more interviews or company statements with the new CEO to get some understanding of his vision on how best to move the company forward if they meet their goals with bringing the initial six production wells oniline.
It will also be interesting to see what DME does with the KGSU oil property. With the weakening USD and energy demand eventually moving back to somewhere around pre-pandemic levels, I wonder if they are going to try to get the rest of those wells into production (minus the one or two they plan to use as water-flood injectors and another well for nitrogen) or if the helium wells really start to solidify their promise, would they sell the KGSU asset off if/as oil prices recover to finance more helium-related CAPEX and/or Operations.
Whatever happens, definitely an interesting company to watch.