VOG 2005 New Thread

Four wells at Kemerkol should start producing up to 500 barrels of oil per day (bopd) in the first quarter of 2006; while a further seven new wells have the potential to take production up to 1,800 bopd by the end of the year.

With oil above $60 again and looking to stay above that through 2006, with 12 million in the bank and pumping oil in a few weeks i can really see this meeting the price target of £3+ in the comming months

1800 barrels a day = $15 million p.a ($20 per barrel) nice little earner ;-)