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An article in the March 2000 issue of The Buy Low, Sell High reads "Current production is about 258 boepd, consisting of 78 bpd of oil and liquids and 1.8 mmcf/d of natural gas. Management forecasts that Esker will average 460 boepd during 2000, and exit the year at 669 boepd. Production is anticipated to increase to 340 boepd by June and 600 boepd by September." Based on these production forecasts a target of $0.14 cfps for 2000 is expected. ESR is currently $0.25 eskerresources.com This stock is currently trading at 1.6 X estimated 2000 cash flow. | ||||||||||||||
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