Here is an excerpt from yesterday's PR mentioning the 50-60 barrels:
"We have been working aggressively to increase our net production to an anticipated 50-60 barrels a day by the fourth quarter. I will also be in Kansas next week to witness our second well come online as well as work to close on an additional lease."
To me it sounds like their goal for total production in the 4th Q is 50-60 a day.
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.