This company have been so far one big disappointed up until recently, when they finally OVER DELIVERED. So I am kicking myself on my head, that I didnt bought their shares for 40 cents just two months ago, when I was thinking about it.
2 wells totalling 7K BOPD a day on their first field, while they will be drilling all the year.
3 fields in Nigeria:
Umusadeye (53% net) Qua Ibo (56% net) Ke field (50% net)
High security risk, high reward play. Nigeria is one of the few last countries in the world where small juniors can drill 2-5K BOPD wells
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.