OTCPK:ATGYF - Post by User
Comment by
Bigbadoilon Aug 17, 2006 12:21pm
570 Views
Post# 11238951
RE: What's the difference?
RE: What's the difference?-Oilexco has 30000 BOPD coming on production in the next two months;
-They are currently appraising a discovery which could lead to 3rd qtr 2007 production timing..
- they have a drilling rig signed up to 2010 at day rates way lower tha current rates (a rare commodity!)
- they have a prospect inventory (identified) with a risked NAV value (to them) in the region of several hundred million dollars. These will be drilled over the next year.
I think that explains Oilexco but in now way is meant to be detrimental to AEN.
Bigbadun'