RE:OMG!!!!CLOUDER wrote: i talked to my neighbore yesterday when he just got back from the OIL fields were he works, he filled me in on this injection to get oil out and he said that you can`t yous water anymore because it distroys the water, and the solvent,propane,or any thing you yous is all quite pricy so it isn`t very proffiable, man i was freezing when i heard this,i came right in and sold almost all my PUL yesterday and the restb today, omg he saved me a lot of money. why didn`t they do this years ago, im out god.
Companies are still using EOR, the contaminated water gets sent to waste plants for processing and are receycled, solvent and propane prices have gone up, so are the oil prices so all is relative.
PUL has potential, people investing in it believe so, otherwise they would have sold their shares at .08 and gove elsewhere, why reinvest in PUL?