RE: Shocking results!!30 Dec 2025 07:53
HH. That is correct, 13m relates to the 'whats left of the previous raise' and not the raise post Year end, so that 27m is probably correct. I'm waiting to hear the final news on the well in its current state tells us and then what the next plan is for dubhe. If it is producing a couple hundred bbl a day by the end of the current test period (possibly somewhere around May) then there is potential to increase it with further intervention. stimulation and/or acid squeeze. I'm not hopeful of that being the case tbh but you never know until you know. They will have enough cash to carry on with further work on Dubhe as it stands but may well attempt a raise beforehand. So, waiting and watching. SP is likely to drop further though imv.