Post by
horizontalfrac on Feb 07, 2013 4:22pm
call back
Really like the way this company responds to shareholders. The call back tells me that the next big move is the fracing of the calik 2 well and the current well is targeting more shale not traps ( pools)The rig might also need to be freed up as there is a shortage of them. They seem a bit hesitent about saying they will frac calik2, raising capital with any jr tough these days hence farmout. I not expecting news that will push the stock higher for at least 2 mo unless farmout or large news on the entire play but thats remote. Aee looks like there happy with transatlantic work and that the play is proven and technology is sound. Will wait now and bye on lack of gushers and impatience of stockholders that think all oil stock show instant results and technology is fast paced glta longs>