They have the business plan and will execute it when the time is right. With oil prices where they are now, not a chance. The 90-100% production is a long way off. The existing production with production increase to 3200 wont even happen until oil prices stabilize well above $60.00. There is no since going into production at a loosing price. Oil price will go back up. My guess would be it is looking to be about 6 months. JMHO
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.