WISR Ltd V.WZR

More Than Meets The Eye!

[muley1]

I mentioned earlier that there was more going on last week than a leaked news release. Think about it! The news was released and we have 1/3 the volume we had last Wednesday and Friday. Why is that you ask? Well it was not obviously the release, as today the whole world has seen it and we are less than 700G.!  My theory is that WZR management is on tour and are talking to well heeled investors. This will continue this week and you will see savvy investors with deep pockets step up and buy large blocks of shares like they did Wed/Fri of last week. A few more  2 million share days and we will be kissing $1.00 and that is just the beginning! 

What is this stock worth? Well #1(Sarqala) is commercial according to Joe Shactner. I have heard first hand that they did have one hell of a blow when they hit oil with spray droplets a 1/2 mile away. It is not tested but could be now that oil exports are opening up. It will take some money and time to do this. I beleive we are getting close to the right time.

Well #2 (Kurdamir 1) Has a world class gas discovery on it capable of supplying all of United States gas needs for a year to put it in perspective. There are no gaslines to this area yet but infrastructure and planning have started. The bottom 4000 feet of this well has yet to be tested. The sidetrack will be necessary to create a fresh hole for testing. This can be done relatively quickly as all of the payzones and high pressure/problem areas are now determined. Why are they going to all this work if it is not a commercial well?? Well it is a no-brainer that they beleive it is commercial and are therefore going to great expense to test it.

What size of an oil deposit   can we expect ?? Well they are drilling from 2700 meters. That tells you something, if the payzone was at the bottom of the well they would start drilling at a much lower depth to save drilling expense and time. In other words they have 4000 feet of potential payzone here and the odds that they have an oil show like Gulf Keystone or Heritage is very possible. That is oil showings of 500 feet to 1000 feet or more. Even if we have a portion of the success  of our neighbours and produce 250 million barrels the stock would be worth at least $7.00 plus value for Well#1 plus gas value for Well#2. It could be less than this but it also could be more. Remember we are in elephant country and seismics say we are sitting on Billions.