RE:KelvinCountryBoy69, You got me all wrong. I don't care what mentally indolent sloths think of me because obviously they don't think. I simply don't want to waste my time posting here only to have my posts removed. That's all.
I'm exchanging technical info with some posters here via private message. I have contacts in Houston etc who know the Eagle Ford quite well. What we want to know is to what extent bte can produce the remaining approximately 90% of original oil in place (OOIP) by water/polymer flooding the Eagle Ford, what the break even costs would be and for how long they can produce it.
If wti remains elevated, then their netbacks will be impressive. One person in our network pointed out that Besos/Amazon ran net losses while piling up debt for over a decade yet the sp accelerated upwards because Amazon's top line revenues kept on increasing with accelerating quarter on quarter growth. If bte can establish such a trend then investors will pile into this stock regardless of the amount of debt.
It all comes down to petrophysics and geology which when I mention elicites negative reactions, little useful feedback except for a couple of posters and my comments being removed for being "off topic". Anyway I can include you in our group but I don't post much on this platform via private message or publically. Find an alias, join Facebook and we can exchange info there. My handle there is bat spiss like in the Monty Python skit. Lmao!