Anatolia Energy Corp BEEHF

quick to get in quick to get out

[bigtyphoon]

many jumped in without DD these shale plays are anything but conventional. You cannot expect a gusher of black gold. core samples will be drawn out sent for analysis, frac plan drawn up if feasible although target depth may be soon it will be several months afterwards before succes can be determined. this compnay is ultra conservative with cash, they have 60 feet of potential pay sitting untested, they halted drilling on last well 500 feet before secondary target reached  in order tosave cash.

good or bad they got potential but you gotta wait.

[mouserman]

Stove calling the kettle black? You appear to have missed a bit in your own DD. Bismil The Company has a 25% a working interest in the Bismil project that includes two adjacent licenses totalling 245,699 gross acres. The onshore block is located in the Sirt District of the south-eastern Anatolia region of Turkey. The licenses are subject to the Caliktepe discovery in 2010 and contain seven

[mouserman]

Any success announced by their neighbors ( SHELL etc.) will light a fire under AEE with their holdings in that area. The Sinan and Bismil Licences encompass 17,833 (8,917 net) and 245,699 gross (122,850 net) acres, respectively, and are well-located within the Dadas Shale Oil trend as well as the Cretaceous and Ordovician conventional oil plays. Activity focused on the Dadas Shale continues to

[CONSTRUCTIVE_SUBVERSION]

Yes, I said that a few weeks back, thanks for the reminder.

[bigtyphoon]

yeah yeah the point is last well did not show desired shale and they aborted well prior to secondary conventional target depth they are not drilling conventional and are actually mothballing conventional plays no quick paydays here no shale no dice find shale wait additional several months for core analysis BTW it is kettle and pot (not stove}

[CONSTRUCTIVE_SUBVERSION]

Agreed, I said that about a week ago... no  quick payday here, but you have to be patient. ride the waves... and lower your cost of investment... good comment.