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Re: Bobwins post# 15553

Wednesday, 02/21/2018 5:00:27 PM

Wednesday, February 21, 2018 5:00:27 PM

Post# of 24880
Well ..per the PRs they are operating properties with existing production.

It all depends on what "secondary enhancement" means? If that cost is minimal without much disruption, then could be very profitable. But without the full picture it does create some uncertainty which may be why it sold off.

"It is projected that with secondary enhancement of existing wells and an orderly drilling and completion program, revenue can be grown ten-fold."