RE: And down again…15 Mar 2023 15:44
PANR has massive license areas (all be it in a highly sensitive environment setting) but I've just viewed there production figures which are equal to 1,000 bopd at best although there was reference to 180 and 234 bopd so possible as low as 500 bopd.
We are doing 1,700 bopd and valued at £18M. That Warren link would suggest holding tight ::::))))
Once that SL is retired and we have the capital to upgrade our system which ultimately should achieve around 5,000 bopd then it's fair to say we should be re-valued accordingly. Ofc that's without the JV or deep horizontal well developments or CC recompletion work/ stimulation