RE: NTOG19 Apr 2018 17:17
panda- I think Permian assets profitable at $30 oil. The ROI is 2:1 at $40 oil.
Good margin and not forgetting the twin well flow is nearly double the mean market expecation of 32BOPD,
2 wells coming up funded plus another chunk of cash in the bank. Looking good. Agree that Egypt not priced in. That should be 500BOPD net to NTOG if/when that comes in