GREY:NOVUF - Post by User
Post by
Byteson Feb 24, 2010 2:52am
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Post# 16813673
New Corporate Presentation
New Corporate PresentationJulian at Novus must've been tired of my phone calls .... ;-)
New Corporation Presentation added to their home page. Worth your time to read thoroughly. VERY well done. Updated through February.
- It discusses the lower costs to drill - very specifically, $.75m: (page 27) ...
- Shows maps of their new Dodsland and Forgan land acquired Feb 3rd (pages 18 & 20) ...
- And I believe, (could be wrong), these are the production results for the wells they drilled in December (Page 22). Lower left-hand corner. (100 bbls/d net, expected production Q3 / 4 2010)
- They are up to 129 net wells now (Page 26).
* It sounds like their news release might be coming this week / tomorrow regarding Dec well drill production & lower costs since their Corporate Presentation, if I'm reading it correctly, reflects some of the info we've been waiting for.
I called Julian and thanked him. Well done, Novus. Expected nothing less from this amazing mgmt team. ;-)
- Bytes