RE: Investor Presentation Today17 Jun 2025 08:55
Also, they are expecting a field debt re-determination by the end of this month based on continued increases in production, so could get very interesting, especially with the Fouke 3 well to be drilled very soon ....
"Finally, it has been both a busy and rewarding time as we successfully increase oil production at Pine Mills to levels we have not seen since it was first acquired five years ago. We expect to complete the Phase 2 workover program and have all the wells online and producing ahead of the next field debt re-determination by our facility provider at the end of the quarter. I look forward to reporting on the final results of the Phase 2 workover program once finished."