RE: Thinking about buying Baron oil sha10 Sep 2018 22:32
Much like any other aim oil company. The bullish thing is where these drills are located in proven oil producing areas on both drills, they have a decent chance of success on both with Colter already having an oil find in Boil's license area when drilled years back, it sits next to the huge Wytch farm oil field dyor on that! 450m barrels of oil produced to date and Colter is significantly updip of that (oil migration) which also increases the cos. North sea Wick first drill looks really exciting. Both wells are fully funded and they have cash left over n reserve and no debt.