Latest AnnouncementIn short, very nice results.
- Two huge boomer Ante Creek Wells. 3,230 and 3,000 boepd and both about 90% oil! How the heck are we going to get all this oil to market? Wow, what a problem :)
- New AC - Waskahigan pipeline turning up on time. Expect to hear 10,500 boepd on March 19th with tie in of boomer Grizzly well on ATH facilities.
- Waskahigan test a little light and a little gassy, but still very promising at over 700 boepd. Poor us to have such a low result - ya, right. Two years ago, this would have been a great well in anybody's books. Well, more intelligence gathered, and as noted by raggetyjack on IV board, there are now four sections to test and delineate, including new Belloy. I will have to add those two new sections into my model.
- Finally, two more Ante Creek wells to complete/test in March. Maybe we can even get these reported on March 19th. Did anyone realize that?
$6.40 was nice buy price today. Stock is worth $7 on March 1st. Nobody can deny.
Time for a scotch.
L6