Super cash flow and big winner on this oil price..
possible break out of a 6 year old resistance trend line
48 000 - 52 000 Boepd per day
$500-600M profit expected on $65 hedged oil price (180 days)
1280M debt as of 1/1 2021, payed back in 12 months..
Market cap $500M
Consolidating 12-14, likely to test 12 first and if positive i think 20 is target mid August, if breaking 12, hard bottom is 6. Not very liekly without macro market crashing down, or is cash needed in capital raise.