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Wix.Com Ltd T.WIX


Primary Symbol: WIX

Wix.com Ltd. is an Israel-based company engaged in the provision of a website building platform. The website building platform belonging to the Company enables businesses and organizations to take their businesses, brands, and workflow online. The Company provides solutions that business owners can use to incorporate various aspects of their business on their websites, such as selling goods, making reservations, and scheduling and confirming appointments. The Company provides front-end solutions, as well as a back-end management dashboard. The Company has developed software applications for businesses in specific verticals, including retail and online stores, service providers, hotel and property management, music, and restaurants. These vertical applications are integrated into the Company's Website templates or can be installed on any existing Website and set up by the user without the need to write code.


NDAQ:WIX - Post by User

Bullboard Posts
Comment by OILANDGASon Jul 10, 2007 10:55am
185 Views
Post# 13063478

RE: Huh?

RE: Huh?They started drilling on October 15, 2006 and drilled the first hz leg by February 22, 2007. The second leg was done by May 1, 2007 with the finally leg done prior to testing the well on June 30, 2007. The well took 8.5 months to drill and test with problems with the first Hz leg which they cemented off prior to drilling the two additional drains or legs. They were on the hole for approximately 260 days and if you use a rig cost of $35,000 per day (I do not know the rig costs per day in Tunisia) the costs would have been approximately 9 million dollars. I do not know if this rig cost is high or low.
Bullboard Posts