GOLD OIL, Oil Exploration in South America (Moderated)

q- i would not tend to put charts and aim stocks together. a combination of being oversold and news flow expected gives an opportunity to buy imo.

if the past is anything to go by Nancy1 produced around 1400bopd and an article confirming Burdine Maxine fields produced 3000bopd when Texaco owned them gives encouraging signs.

Nancy1 was 50% up last month (from previous) on production so with the above a range of 3500-4000bopd is possible. this would give about 400%+ increase in current production levels in the near term. with workovers on 5 existing previously producing wells.

in addition.
XXI
Z34
Farm-ins expected colombia/ brazil
exploration licenses in application
producing Ayo oil field.

plenty going on here.