On Stanley wells only 1, 2, 3 and 4 the company is producing circa 300 bopd (3 day average) and its share is about 16%- 18%. Ie gross revenue of $1 million revenue per year. Other wells currently been drilled Falcon, Greater Stanley, Arkoma and at least 4 other drilling opportunities. YET MARKET CAP IS ONLY £4m and £1.3m cash.
Other oil & gas companies still exploring like Bahamas Petroleum (with no oil yet) is valued at £30m?