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GREY:PMGLF - Post by User

Comment by deeezyon Sep 14, 2010 8:33am
498 Views
Post# 17444709

RE: News Release this morning

RE: News Release this morningI agree, drop of 10% because of lower production by 20%, dry holes, and as i understand natural declining of well rates higher in Columbia, also their heavy oil drilling so far not having much success.  All amounts to a slight decrease in reserves.
Short term slightly negative, mid term positive to neutral, long term positive.
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