Post by
666999 on Sep 25, 2024 3:20am
2nd drill rig
Next year 2 drill rig - 2 wells per month, target 10-14k boed, this year exit 7-8k boed, Axl is lowest cost producer in Colombia, decline rate is very good, and wells can flow for 20+ years, mgmt is very smart and capable, after all they are in business for a long time, bought more at recent pullback, Axl is now target for a takeover, share price should be now over $1,