3.50 $$This year it will produce 20,000 BOPD, the company says it cost 28.00 per barrel to find. Amazing Payback and it takes a few months to recoup their drilling cost. Do the math , it is HUGE return. Cash flow, EPS, stock repurchases and. And. And , they are EVEN talking of a DIVIDEND. Next year. . This will be 3.50 by Early next year. Load up the truck.
They are sitting on a BASIN Full of Oil. Very prolific.