Yes - the company has been performing and the pps
Post# of 39368
Posted On: 11/06/2013 9:39:50 AM
Yes - the company has been performing and the pps is reflecting that - however, the fact that they are forecasting 12,600-13,000 BOPD of oil in Q4 and only have a market cap of less than 2 Bln shows you the road TECO has ahead of it as it relates to it's pps - here we are struggling to get to 100 BOPD - at the current production rates of about 50 bopd per well we'd need about 260 wells - i'd guess we need about 50 Bulls out there working full time for the next couple of years to make this happen....
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