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TORO OIL AND GAS LTD V.TOO

"Toro Oil & Gas Ltd is engaged in the acquisition, exploration, exploitation, development and production & transportation of oil & natural gas reserves."


TSXV:TOO - Post by User

Bullboard Posts
Comment by Gulo19on Feb 24, 2006 4:20pm
74 Views
Post# 10423491

RE: kec tatekawa

RE: kec tatekawaYah, I re-read you are likely correct. But holy smokes that is one badly done NR. Are they not commenting on flow rates because they are trying to acquire more land? Now that I would understand! And yes, I agree with the previous poster about the potential amount of oil that is waiting to be tied in. I am very familar with the Nisku Pembina play. But I don't think we can assume that these oil wells are the Nisku top end performers (1,000 b/d) yet. They could just as well be 2-300 b/d ....who knows. And that is why the SP is mired in the mid $6's. If you are right about these wells, then its back to 52 week high in short order. That's why I am not selling. Good luck guys.
Bullboard Posts