Not sure how you arrive at 16000??? 15 Barrels of oil per day is simply just 15 BOPD. Assuming uptime of 90% in a year, that's about 5000 barrels in a year.
The other projects are simply that - projects. Forward looking statements are simply that, forward looking statements that may or may not materialize. They do sound great on PR's and business plans though.
Just trying to keep proper perspective in my decision making.
If this is really a great deal, then there's no need for anyone to get there feathers ruffled. This deal should be able to withstand a little friendly scrutiny.
Again, if the deal is that people are hedging their bets on perceived potential, that is one thing, but I'm not finding the present economics anything to get excited about yet.
Still working through the board and due diligence.
Thanks to packerfan and admiral and others who have provided their thoughts to me publicly and privately.
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