INCREDIBLE progress by PCTL? Brett Rosen's comment
Post# of 1425
SF Romero@SFRomero2
2h
Brett, I don't think people realize how big this Oil Technical report is. They now have a proprietary process according to the Tweet.
Brett Rosen@BrettRosen325
Replying to @SFRomero2
@PCTL_ and @deborahrachelb
Exactly! I think people are going to see some incredible progress! $pctl
@PCTL_
@deborahrachelb
#RBCapital
10:00 AM · Jun 1, 2021
So looking at the 53 marginal wells in Missouri
From public data, the output is 73Bbls/day or $4,841/day based on the price of WTI (28/05/21).
If the Technical Report indicates even half of what the initial reports indicated, those wells could boost their production to 1,460Bbls/day or $96,827/day within 90 days. With no downtime, that is $35,341,855/year.
Considering the same company also has assets in Arkansas, Texas and Oklahoma that could benefit from the EOR protocols being developed by PCT/Maverick, anyone that says the entry of PCTL into the Oil & Gas sector doesn't mean anything obviously hasn't done their homework.
PCTL is fixing to have a gusher on their hands.
Technical Report due 8 June 2021.
Tic Tock
PCT Ltd. (PCTL) Stock Research Links
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