Oil Co. Exceeding Production Estimates
Oil Co. Exceeding Production Estimates
Source: investorideas.com
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Calima Energy Ltd has target price reiterated by Auctus Advisors following exploration success at Brooks
Calima Energy Ltd (ASX:CE1) recently found further exploration success at the Brooks oil and gas property in Alberta, Canada. Equity capital markets and...
Source: proactiveinvestors.com.au
Calima Energy Ltd continues to offer a combination of value, cashflow and reserves growth: Auctus Advisors
Calima Energy continues to offer a combination of value, cashflow and reserves growth: Auctus Advisors Auctus has a 3.5 cents per share target price for Calima, reflecting a valuation upside of more than 4x Calima’s current share price of 0.8 cents. Calima is planning an active, low-risk drilling program to develop proven reserves. Calima Energy Ltd’s (ASX:CE:1) recent well performance at the core Brooks area in Canada has exceeded type curve estimates by 28%, confirming Auctus Advisors’ view that there is potential upside to the booked reserves figures. Auctus has reiterate...
Source: proactiveinvestors.com.au