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Cuervo Resources Inc CRVNF

"Cuervo Resources Inc is an exploration stage company. The Company is in the business of acquiring, exploring for and developing mineral properties in Perú."


GREY:CRVNF - Post by User

Post by leakeybillon Feb 25, 2006 9:52am
278 Views
Post# 10424886

Find in New York

Find in New YorkFind Energy Ltd. to present at the FirstEnergy East Coast Canadian Energy Conference in New York. They have licensed 9 well so far in 2006 and were very active in the fouth quater of 2005. Find is located directly in the middle of royality trust alley. There production Jan 5, 2006 was approximately 5100 boe a day, however the blue rapids gas plant is not fully on stream and they had a lot of production in the wings to fill that plant up. There last press release suggests that it will take them a month to get the plant to full capacity. Find now has the plant and years of drilling to fill the plant, I would expect they are not long to be with their location in the pembina and expect a trust to pick them up, Lets see how their promotional efforts work in New York next week and I their new presentation released on monday will provide more details in regards to their current production. Any work on a pembinal nisku oil well, that is their next step for significant growth for the company. The stock has been extremely volitale lately however I don't believe it can go much lower from current levels. Their gas production and their plant that produces frac oil will have a signification postive impact on their production costs.
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