Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bowood Energy Inc V.BWD



TSXV:BWD - Post by User

Comment by nlr2on Oct 26, 2011 12:46am
243 Views
Post# 19181653

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: omg. a

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: omg. aHaha nice Sureshotz killing it, I thought we were having a nice conversation. in 24 months I think things will be proved up and we will be good to go, as far as having tested all formations out. The future is bi laterals and multiple producing horizons, much like Sask and ND so I agree with you. Honestly though having to hammer out 20 million dollar wells would seriously handicap the full cycle economics of this play. I'm cool with two ten  million dollar holes especially since daddy warbucks is paying but 20 million???? Seriously. I don't think I have seen anyone estimate this is more then a 220-300 k barrels per well for reserves. Thats crazzzzzzzy. For 20 million a hole BWD and Leg could find better places for their money and as investors who would hold the early exploration just buy in when someone figures it out. When would you stop with the 20 million dollar holes? Every single one is destroying your future, debt, asset sales dilution. We could drill to North Dakota for that much. Haha. Be realistic and check yourself.
<< Previous
Bullboard Posts
Next >>