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S&P 500
5,537.02
(
0.51%
)
US TECH 100
19,641.60
(
0.83%
)
Dow Jones
39,308.00
(
-0.06%
)
Brent Oil
87.36
(
0.51%
)
Bitcoin
57,924.59
(
-3.72%
)
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DrillaHill

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DrillaHill

Re: Bob322 post# 5683

Friday, 06/03/2016 2:08:44 PM

Friday, June 03, 2016 2:08:44 PM

Post# of 5825
Bob,

I believe when Petro said they sold 400k @ US$43/bbl they refer to the price of Brent. As oil from Polvo field is heavy we have to consider a price reduction of ~10% or so per barrel. But certainly Q2 is looking much better compared to Q1 and imo we're still massively undervalued considering our cash and assets.

looking forward to next results
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