Post by
leakeybill on Apr 16, 2006 5:39pm
Find Q4 projection
Just from blue rapids in Q4 assuming, find should be producing about 7000 boe net to them from blue rapids. Add to that the other 1650 of non pembina production they have expect them to be about 8650 boe in Q4 not taking into account growth outside the pembina, or a nisku oil well.
Now look at their land map on their new presentation and you will see they have added about 25 section of land keeping an average interest of 66%.
Either they will take out burmis or run the risk of being taken out themselves, add burmis and you will likely have a company close to 12000 boe by the end of the year.
Comment by
jamieb3 on Apr 16, 2006 7:58pm
My best guess is that lareginvest does not know what the term "overbought" means.