Worthington has a 10.35% working interest in I-1. Silvermere has a 16.66% percent working interest in I-1 and 33.3% in future wells at Mustang Island
Silvermere is simply a partner for us. If everything goes as planned at I-1, I imagine we will be many multiples higher. There is no telling where this stock will be in 6 months IMO. The potential of Worthington is huge! I think people are hesitant to buy stock here because they want proven production/revenue before they invest. We are also dealing with dilution.
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