Do a little research. Dwog exceeded expectations on both production and SOR If you have not looked lately, oil prices are kind of depressed. If one thinks they will stay low indefinitely, then yes this is a waste of time. If one believes they will go back up, DWOG has a very promising property. It seems that there is only one other project I have found with a SOR of 2.1. This bodes very well for both the recovery factor and the cost of production. If one does not like DWOG one should not waste time and money.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.