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Bowood Energy Inc V.BWD



TSXV:BWD - Post by User

Comment by nlr2on Oct 17, 2011 11:32pm
350 Views
Post# 19157909

RE: RE: Results???

RE: RE: Results???I dont know if we can be compared to the well results that have been released to date. When they finally come out we should be the first in what is thought to be the overpressurized west side. This extra drive should give us a better IP then what Deethree managed. I do agree with you entirely that we have fallen on low volume and market panic, not fundementals or rumours of failure. I would be happy if we Ip'd at 300 with not horrific declines and no water production. This Spring Coulee well has served as something of a science experiment which I imagine is why it has taken so long. If we get a better feel for what we are working with geologically and settle on a completion program I will be very happy. I think the Kipp well will be the company maker, if it hits big then one would think Legacy would buy us out to consolidate the core of the play. This has been for me a very unprofitable but interesting stock pick. Haha. I just can't wait to see results and the well costs, I bet they will be unreal. At least LEG pays 80 percent.

NLR 
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