RE: RE: RE: RE: RE: Bowood Announces Alberta BakkeSeriously? Does anyone think that a 5 bbl/d well for $4 million bucks will be profitable. I fully understand that high risk exploration plays will have some bumps in the road but this isn't a very good start.
My point is that more data points like this will quickly deflate the sails of the Junior companies like BWD who only have these ridiculous premiums due to the hype of an unproven play. When the dust settles, look out if the oil doesn't come out of the ground.
Second, all of the public information talks about this giant 110 by 40 mile water free fairway of oil comparable to the Sask and ND Bakken......what a load of crap.