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Bullboard - Stock Discussion Forum Second Wave Petroleum Inc SCSZF

GREY:SCSZF - Post Discussion

Second Wave Petroleum Inc > EPM: 700 boepd (60% oil), EV= $280M
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Post by iaminvestor on Feb 28, 2013 1:27am

EPM: 700 boepd (60% oil), EV= $280M

EVOLUTION  PETROLEUM (EPM)

700  boepd (60%   oil)    drilling in Mississipian  Lime

EVOLUTION   has  EV=$ 280 M   although: 

it produces ONLY  700   boepd  and  

it has  LESS  THAN  HALF   the  funds  from  operations   of    SCS.

 

SCS produces 2,300 boepd  (75%   oil)   and has  EV=$130M

Comment by Iamwcw on Feb 28, 2013 12:19pm
This post has been removed in accordance with Community Policy
Comment by iaminvestor on Feb 28, 2013 2:15pm
Although it is my principle to not argue with morons and clowns who mislead and change the facts, I ll  breach this principle now. lamwcw, I do not really know  how    your wife  treats  you  to make you come here on a consistent basis spewing BS and unsustainable  data about  BS. I do know though  that your eye vision suffers  severely.   ...more  
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