Debt Don't forget the debt Kavern.
total debt at PNE - 56 million termed out for payments of around 20 million per year. Not interest only, principal and interest termed out and paid off in 3 years.
no shares issued. Some top tier drilling locations included.
YGR made very little progess last year on the total debt. And paid something around 10 million in interest. Its nice that they are adding the ferrier well production, but how much more does production decline before they are tied in?