GREY:GULSF - Post by User
Post by
JohnnyOilon Jun 07, 2007 12:46pm
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Post# 12908108
Pescod
PescodThis would explain the recent weakness. I believe the market was expecting drilling to start this month. Now it is the 22 July at the earliest.
GULF SHORES RES. (T-GUL) $0.35 +0.005
INTL. FRONTIER RES. (T-IFR) $0.95 +0.07
There’s more than a little joy coming from the North
Sea today, on a day where the markets are big-time red.
Oilexco hits a new all-time high, as does Ithaca Energy, a
story we started following recently and have big hopes for.
In the meantime, we hear from Mike Turko out of London
and Pat Boswell out of Calgary on tiny Gulf Shores and
Intl. Frontier and they suggest according to Lundin Oil &
Gas, they hope to be drilling their 41-42 project (Lytham in
the North Sea) possibly as early as July 22nd.
They also expect to be drilling the Ridgewood play by
late October, so for these tiny guys who had such a disappointment
at Laurel Valley, hope springs eternal.