another report out from Beachyet another conference.. and all those talking points and the take away is.... they have moved on from pel91.... sure they will do a few horizontal drills in to the Birkhead next year but.... production is falling and so will the royalty payments.... the money here was made... if you still own it... why? what the hell do you see? I am gone... but still know what is happening here, still watchin... maybe things change for the better.... but from what I see, Beach is no longer talkin pel91.... they have moved north to new permits....
man, this was a winner... but now... not much to own it for.... little money coming in, only enough to cover corp expenses no divy coming... not unless oil moves higher... so why the hell hold on? it is a done, over play...LOL