GREY:GULSF - Post by User
Post by
MaxPowerJron Apr 03, 2007 5:27pm
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Post# 12541965
David Pescod Today
David Pescod TodayI don't own GUL, I'm an IFR/OIL guy, but thought you might like this info
INTL. FRONTIER RES. (V-IFR) $1.35 -0.05
OILEXCO INC. (T-OIL) $8.55 -0.08
CRUDE OIL (May Contract) $64.64 -1.30
We check in with Pat Boswell of International Frontier
who is one of the partners with Oilexco in the Laurel Valley
in the North Sea and is a play that we had nominated as
one of the “Exploration Plays of the Year”!
The target is that big…some suggesting as much as
600 million barrels and possibly more, but of course it has
to be there and like all high-risk/high-reward plays there
maybe the chance that it isn’t!
What Pat Boswell tells us today, though, is that drilling
has preceded incredibly fast and that the Oilexco guys are
definitely getting it done and that they could be looking at
logs as early as late next week...