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Re: fink post# 1211

Friday, 11/04/2022 9:13:28 AM

Friday, November 04, 2022 9:13:28 AM

Post# of 1879
yeah, I doubt Art pays a dividend anytime soon. Too many wells to drill and then after the first 17 wells, there are many exploratory targets nearby that could be bigger than SASB! Drilling programs A and B are going to take us into 2024 and then he'll start taking shots at blue sky. IF everything goes as planned, we should have solid cashflow and money in the bank but offshore exploratory wells aren't going to be cheap. If he has to build platforms after drilling success, it could take years to get a new field online. Investors don't realize the beautiful situation we are in now with the existing platforms and pipelines.

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

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