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Bullboard - Stock Discussion Forum Iron Brdg Res Inc. OEXFF

Energy Oil & Gas E&P
"Iron Bridge Resources Inc is a Canada-based company. It is a crude oil and natural gas exploration, development and production company. Its project consists of Elmworth. The company receives maximum revenue from the sale of petroleum and natural gas."

Bullboard (OTCPK:OEXFF)

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Comment by Ditto99on May 04, 2018 2:54pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:May is here. Two well results are expected this month.

liability, or abandonment costs have nothing to do with the wells performance. Reguardless if a well comes on at 200bbl/d or 700bbl/d, the abandonment costs are the same. Don't confuse people on ...more  
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Comment by Ditto99on May 04, 2018 2:45pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:May is here. Two well results are expected this month.

You don't know what you're talking about. Well results will be out early june at the latest. The update on public data, DDS/Petranex will tell you nothing.  5 more weeks of waiting ...more  
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Comment by SigmaKappaon May 04, 2018 1:47pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:May is here. Two well results are expected this month.

Also llr rating should be updated after this weekend. So the difference between current value and new value will be value for march prod period. Will ne interesting to see.
66
Discussion
Comment by BigFishyon May 04, 2018 1:36pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:May is here. Two well results are expected this month.

Then the sp should be responding positively.  Retail is the last to know. volume is non-existant so not sure what to think. 
65
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Comment by SigmaKappaon May 04, 2018 1:12pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:May is here. Two well results are expected this month.

Assuming both wells started producing arpund same time their prod profikes are very similar as their asset values are very close to same amounts.
68
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Comment by SigmaKappaon May 04, 2018 1:09pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:May is here. Two well results are expected this month.

Everyone there is production. Its not yet public on petrinex or related....however under DDS for liability purpose the wells already have asset values based on 12 month running production. Any one ...more  
97
Discussion
Comment by CageyOilon May 04, 2018 12:59pm

RE:RE:RE:RE:RE:RE:RE:RE:May is here. Two well results are expected this month.

Ah got it. The late feb on production date suggested it was on stream.
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Discussion
Comment by Ditto99on May 04, 2018 11:46am

RE:RE:RE:RE:RE:RE:RE:May is here. Two well results are expected this month.

They were flow tested in Feb, then shut in for well and facility work. March will show neglagible rates in public data, if any. Public data will be updated in a week. Don't expect anything on this ...more  
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Comment by CageyOilon May 04, 2018 10:50am

RE:RE:RE:RE:RE:RE:May is here. Two well results are expected this month.

The wells were on stream late February so they'll press release before the full March numbers are released by the govt at the end of this month.
68
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Comment by kukamanon May 03, 2018 4:57pm

RE:RE:RE:RE:RE:May is here. Two well results are expected this month.

I have recently been informed that they „look forward to being able to press release some IP30 rates  around the end of May“. 
69
Discussion
Comment by Ditto99on May 03, 2018 3:53pm

RE:RE:RE:RE:May is here. Two well results are expected this month.

I don't think they'll have IP30 numbers ready for the May 15th Q1 report. Early June for IP30 well results is more likley IMO 
73
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Comment by Gladstone22on May 03, 2018 2:07pm

RE:RE:RE:May is here. Two well results are expected this month.

Well results should be out near the end of May. Keeping my fingers crossed.
66
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Post by kukamanon May 02, 2018 8:38am

Montney’s Natural Gas Well Rates, Reserves Rising Sharply

April 26, 2018 https://www.naturalgasintel.com/articles/114174-montneys-natural-gas-well-rates-reserves-rising-sharply-says-neb
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Comment by kukamanon May 01, 2018 2:02pm

RE:RE:May is here. Two well results are expected this month.

Agreed, IBR is an oil and gas company, that is the reason I bought. But I have nothing against a lucky strike. If management gets something meaningful done in view of cryptocurrency mining, I have ...more  
151
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Comment by Ditto99on May 01, 2018 10:00am

RE:May is here. Two well results are expected this month.

Agreed. Looking forward to great well results. The Crypto piece of the bussiness will not move the dial due to lack of scale. It's a great project with great returns, but a VERY small piece of IBR ...more  
128
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