RE: PQE RNS9 Dec 2019 20:27
You make a very fair point. The question really is what level of bopd this an operation with this technology need to hit for it to be profitable. It certainly isn’t going to be 80, 150 or even 300 bopd. Once we can the answer to that, we will know where we stand. Until then it’s belief/conviction/gut feeling...all of which are crucial (certainly not knocking that), but numbers to back it all up are key. If these numbers where out there, a big O&G would have bought them already and we would all be praising Ors. And you Ors, would be living of your divi’s. I wish it to you, but we are not quite there yet.