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Bullboard - Stock Discussion Forum SAXON OIL COMPANY LTD SXNOF

GREY:SXNOF - Post Discussion

SAXON OIL COMPANY LTD > Where's the Beef?
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Post by EnergyDeacon on Aug 04, 2010 5:03pm

Where's the Beef?

Bought Saxon shares when Hank Swartout was named to the board, assuming he wouldn't get involved in a company unless something big was brewing. There's got to be more going on at Saxon than the S. Texas Eagle Ford Shale acreage they just acquired. Anyone have an idea about what the big bang might be?
Comment by Stormwind on Aug 05, 2010 8:41am
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Comment by Stormwind on Aug 05, 2010 1:15pm
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Comment by EnergyDeacon on Aug 05, 2010 4:09pm
Thanks.I thought I saw in a press release that Saxon's was drilling a well with Newfield.  I can't seem to find it now, and don't think they ever said what the results were -- that is, dry hole or barn burner.
Comment by Stormwind on Aug 06, 2010 8:19am
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Comment by Stormwind on Aug 06, 2010 8:26am
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Comment by EnergyDeacon on Aug 09, 2010 9:42pm
I can understand why Newfield does not want to disclose any information on the well - and one well is immaterial to Newfield - but to Saxon, the well or at least the play is significant.  Doesn't Saxon have to say something?
Comment by Stormwind on Aug 10, 2010 11:28am
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