Spdr S&P Oil & Gas Exploration & Production Etf V.XOP.W

Primary Symbol: XOP

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas exploration and production segment of a U. In seeking to track the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas exploration and production segment of the S&P Total Market Index (S&P TMI).

ARCA:XOP - Post by User

Spdr S&P Oil & Gas Exploration & Production Etf

Bullboard Posts

Comment by benh1215on Mar 26, 2013 4:30pm

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Post# 21170784

RE: RE: Guess the price

assuming this does get ratified...and I believe it will...then do some of you think we`ll only go to 30-40 cents???

Let`s assume Block 13 does contain approx.2.5 BILLION recoverable barrels of oil....well 20% is COPL`s...so 500 MILLION barrels.This is not a big number...it`s friggen` HUGE for a company the size of XOP.

I could get into comparing that with other juniors but why bother?..IF we get ratified AND Exxon finds us what we think is there then this stock has a solid chance to get to 3-4 dollars...let alone 30-40 cents.

Of course this is not even considering our New Zealand property....which may well hold as much potential as Block 13...or more.Cheers.

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