On the surface it looks like a relatively strong small cap oil and gas company. Strong returns on capital, zero debt, growing free cash flows.
However, I am not an expert in the junior/micro cap oil field. It is certainly not my specialty whatsoever and it is often one of the only sectors of the market I will "defer" questions on. My research primarily focuses on the major players, as their reserves, production, costs, etc are relatively predictable.
As mentioned, on the surface this looks like a fairly solid small cap. However, these companies require comprehensive research and knowledge in the oil and gas field, which is just something I don't have.