GREY:CRVNF - Post by User
Post by
leakeybillon Jan 20, 2006 11:03pm
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Post# 10218313
Rare Find
Rare FindFind will likely spend the next month getting its gas plant working properly, they have more then enough gas to fully fill the plant and have committed to drilling 15 more wells in the first quater. Currently that are shooting seismic over there pembina nisku land base that is 3 miles from one major discovery and two miles from another. Expect them to try to drill a nisku will this year.
With almost 5000 boe of production in the pembina area, a gas plant and more then a two year drilling inventory, the trusts that reside in Royality Trust Alley are all looking at Find and Licking their lips, who will be the first to take a run and what will be the value of 5000 boe of delicous production in the pembina area.
The roughly 1600 boe they have left over may be adquate to fund the exploration on their Nisku play and pehaps shareholders here would get a big payday. Find make sure it a good trust situation.