WISR Ltd V.WZR

Sarqala

[muley1]

I noted an earlier poster wondering if the first hole could even be considered as a credit as one completed well hole?
Of course it can and it really is an ace in the hole, that little has been said about. I have first hand information that when they hit oil in that well that they had a massive blowout . This blowout sprayed oil up to 1/2 mile away. They did have major problems with this well because of pressures and starting with too small a diameter bit. They made a sidetrack with too sharp of a curvature in the hole which prevented lowering the testing equipment past that point. Joe Shactner says that this first well is a commercial well. Did he make this up himself or do you think he was advised by WZR staff.?
Joe S. stated that they decided to leave this well as is, rather than spend the additional funds at that time to prove it up. Now that they can export this oil can you imagine this increased interest in this play, if they release a press stating that they are going to spend the money to fully test this hole and send the oil which they know is there to market. Yes Schill we know there are risks but there is also alot of positives. I consider myself as a realist and an optomist. I feel that this stock is way oversold and the negatives are fully disclosed in the price we have today. The positive aspects of these two wells are not valued into the stock. When they are this stock will scare $3.00 in 3 months and be much higher than that a year from now!