RE:RE:RE:RE:News FlowIt is worth nothing that Bankers Petroleum from from a SNV to prodicing 11,000 barrels a day and a market capitalization of $600 million in a few years. Between 2004 and 2022 Bankers paid US$900 in taxes, US$675 million in Royalties and another US$100 million in other local and satte taxes and charges. Siubsequenbt to the acquisition production peaked at 20,000 BPD.
This was in Albania and that is not an easy place to work.
If SNV can acquire a serious asset in the ME of North Africa then they can do a whole lot better than this. Their objective should be to produce 100,000 BPD - which then generates some meaningful cashflow. This is the sorth of company that Sarah Akkbar wants to grown. Go SNV Go Management.