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DELORO RESOURCES LTD V.DLL



TSXV:DLL - Post by User

Comment by killerrfon Aug 09, 2009 10:10pm
213 Views
Post# 16204617

RE: Value of DLL stock

RE: Value of DLL stockif they can get a stabilized rate of 150 to 350 barrels a day i would call this a pure success... still a nice little junk of money every day.  they are going to need many many more wells to get a stabilized rate of 1000 barrels a day.

there was steam flood in the early '80's on this field.  but from what i understand they didn't produce it long.  better tech today not to mention 6 times the oil price.  i wouldn't expect miracle production here.  i'm not trying to slice up deloro and epi tech... i'm just trying to be on the level.
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