GREY:CRVNF - Post by User
Comment by
duckhouseon May 15, 2006 11:51pm
289 Views
Post# 10844017
Finds Plant /Direction
Finds Plant /Direction200 - 300 boe - Fire
+
~ 200 boe - Neighbour shut in.
+
~ 200 boe - Sand Bagging.
5400 - Accounted For.
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6,000 boe Minimum - Now we're talk'n eh Leaky Bill!
- Nisku oil.
- Current plant @ max - Adding 20mmcf.
- Low expences due to plant & ability to supply their own frac fluid.
- $120 Million capital program - Already 2 rigs drilling.
- Extremely warm summer forecasted for North America -A/C $.
- If normal seasonal values for winter 06/07 gas $10-$11.
Put it away and take a look this fall/winter
$18-$20?
My condolences to the poor sap that sold some @ $9.51 today.