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Bullboard - Stock Discussion Forum Candax Energy Inc CXEYF

Energy Oil & Gas E&P

GREY:CXEYF - Post Discussion

Candax Energy Inc > PRODUCTION
View:
Post by simonquinn on Oct 27, 2012 4:59pm

PRODUCTION

As per 2nd qtr financials production = 500 bopd/day as of Aug/10/12.

Increased by approx 100 from ElBibane = 600

Comment by simonquinn on Nov 13, 2012 3:19pm
As I posted on Oct 27/12 - As per 2nd qtr financials production = 500 bopd/day as of Aug/10/12. Increased by approx 100 from ElBibane = 600  
Comment by simonquinn on Nov 14, 2012 6:37am
Its not about production as it is about reserves. How much have they got and how long production at any rate will last. This market will never allow the sp to reach over 8 cents with the hundreds of millions of 8 cents warrants on tap. Unless the reserves increase dramatically.  
Candax Energy Inc
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