Member Info for Adon30

Edale capital now as well on the RNS
Is that a buy or a sell off? Difficult to interpret them.

KP4 I watched the Zephyr presentation on proactive recently from around February time. During this CH went through some NPV Figures.
So straight from his own 'Pearly Whites' (and the presentation) it was about $120M for an oil price around $55. Think that rose to around $150m for $60 a barrel.
That was for Cane Creek only. Not including any of the additional layers and was pre Bakken so that could all be added in.
I was particularly impressed and what stuck with me was him saying that if the lateral drill was successful and proved commercial at cane creek then they could be producing by late summer. Which would be a great turn around.
GLA