davpro’s details
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It would be foolish to develop that before they develop the large pool... 2.75 million to forward that plan compared to a 1.2 million gross(600k arw) for about the same oil quantity if the pool holds as expected. |
5/24/2013 1:27:34 PM |
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Exactly... He doesn't rule it out. However he also says in the same article that he refuses to drill exploration wells (40-50% success rate) from bank debt due to the risk. He prefers instead to use equity which is pruident. Anyway as we saw ... |
5/24/2013 1:20:45 PM |
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Actually if you refer to the corporate presentation you will see that the average daily production was 617 at the end of December and it rose to 988 at the end of March however part of the increase was due to an additional 100 boe of gas that was... |
5/24/2013 12:16:00 PM |
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Well it seems an obvious sign that there will be some sort of merger/takeover in the offing... just my opinion. |
5/23/2013 9:57:23 AM |
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I think you'll find a much better bench marking model if you simply use the price paid per P+P which in this case was $19 for 2.2 million which is what the industry tends to focus on the fact that the flowing boe was lower simply means the fi... |
5/10/2013 9:43:28 AM |
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Yeah They come and go, most never buy... go figure. |
5/6/2013 10:42:52 PM |
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You have to be one of the biggest idiots I have ever met techsavy because you still don't get it. I have made a profit and I'm still hanging onto it because that is what I do! Only an emotional trader can catch the bottom and I never try.... |
5/3/2013 7:48:08 PM |
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Yeah thats the way it goes sometimes "nervous nellies" can psych them selves out with ease... anyway a gain is a gain regardless of your entry point. |
5/3/2013 6:03:09 PM |
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Hmmm nice move... maybe I should have bought...LOL Oh well thems the breaks I knew it was going down when they announced the pp and failed to pull the trigger when volume indicated that it was reversing. Now do I do it Monday... or wait for a li... |
5/3/2013 5:38:29 PM |
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Yeah I think we might be close to that now but there is still a bit of a sentiment issue so a quick recovery to the .60's might be a stretch... it may take until the fall after the release of the summer drilling program and the results of the... |
5/2/2013 2:11:53 PM |
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