Post by
Kadiddelhopper on Sep 11, 2023 12:41pm
Confession
Wish I understood Warrants.... why is it they are such a drag on the current stock opportunity and price ?... but after Oct 22nd, the skies turn blue? Admittedly, as a novice I entered AXL months back at the prevailing higher levels not aware of Warrants lurking in the deep. If they aren't good for the Company Capex and current ShareHolders, why are they even an item or issued to begin with.?
Comment by
EagleHasLanded on Sep 12, 2023 9:35am
If Axl now plan to have 5 verticals, 11 horizontals and a few exploration wells next year, it certainly should mean the 10000 bod target could be reached by 2023 year end. As Marshall mentioned the horizontals are 3x production. This equates to 1080 or more per horizontal wells! If you can?t beat ?em, join ?em! About ecopetrol, they have ruled out fracking, otherwise business as usual imo