GREY:PTVYF - Post by User
Comment by
freddahlon Nov 15, 2011 3:20am
339 Views
Post# 19237616
RE: ptv
RE: ptvHello.
theres not much to say.. we have all lost alot of money.
Petro Vista produces at roughly 100 boepd, and a workover program will increase that number by about 20%. Not significant, but it will provide cash flow until they reach cash flow on their Morichito project in Colombia. The M-5 well there has been able to flow up to 700 boepd of heavy oil and is currently undergoing longer-term testing.
nothing more to say really.
The only positivie in this play/company is that Keith Hill is behind this. I strongly believe in him.
average down if you can and wait...
Good luck to you.