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Bullboard - Stock Discussion Forum Iron Brdg Res Inc. OEXFF

"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."

OTCPK:OEXFF - Post Discussion

Iron Brdg Res Inc. > Thoughts post today’s release
View:
Post by Buckbid on May 17, 2018 4:53pm

Thoughts post today’s release

-company put results out with only 1 of the 2 wells at IP30. The numbers for the 17day well lower but likely will improve with time. 

-release noted that both wells are being restricted. Can ditch digger or others comment on extent to which rates may improve flow once non restricted. 

-I think results for some nearby velvet and hammerhead wells improved in day 30 to 60. If this occurs on these 2 wells, lots more stock upside.
Comment by ditchdigger251 on May 17, 2018 6:58pm
I'm doing some spreadsheet comparisons but so far these wells look very good to me.  Keep in mind that the rates mentioned by IBR are THE AVERAGE OVER THE ENTIRE PERIOD.  This includes the first week's flow which fluid production will be mostly water - improving thereafter.  The gas rates starting out are very healthy and even the NGL yields for both wells are higher than ...more  
Comment by ditchdigger251 on May 17, 2018 7:27pm
Another thought on today's pr...does releasing this info mean Insiders can start buying again?  Guess we'll find out.
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