GREY:TBTEF - Post by User
Comment by
Jmarks1on Jul 17, 2014 4:20pm
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Post# 22756947
RE:buy ?
RE:buy ?Looking at current data set and guidance, yes.
From that point forward, do you feel lucky? Everything hinges on decline rates, reserves and increasing netbacks. IMO it's as simple as that.
For what's it worth I'm buying as horizontal drilling has the potential to replace lost production, increase netbacks, and increase recoverable reserves.