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Charles Taylor Group Plc V.MQL


Primary Symbol: CHTYF

Marquee Energy Ltd is a Canada-based company. It is engaged in the acquisition, exploration, development, and production of oil and natural gas. The company receives maximum revenue from oil and natural gas sales. The company's core operations are in Michichi area.


GREY:CHTYF - Post by User

Bullboard Posts
Comment by whoa_rimcheeseon Dec 28, 2011 2:49pm
166 Views
Post# 19354897

RE: RE: RE: RE: RE: RE: IGSMAN

RE: RE: RE: RE: RE: RE: IGSMAN

Let's deal in facts - in PAGE 11 of presentation Cardium wells are 3.5 to 4.5 million per well - so I was wrong - they are HIGHER than I stated. They have 35 sections of Cardium land, and that is where most of their well reserves are booked. They have about 5 sections a piece in Coutts and Ante Creek - so I guess the company will focus on East Alberta. Odd, 1,500 of production is from Cardium with the 3.5 to 4.5 million wells, and they have a paltry 120 BOEPD from East Central....hmmmm........and you are SAYING I AM NOT DEALING WITH FACTS??? 75% of the companies production is from region with 3.5 to 4.5 million wells.....Caridum is great, but company can't afford it with such a small credit line.

The next 12 wells you reference...hmmmm....that was fourth quarter drilling....right? Let's see if they hit 70% oil and liquids....if they hit 50% or lower, what will you say?

What about 2012?

As for management not coming through - check out Base and wells drilled - one a duster and two supposed to be 70% oil - were like 30% oil.......no VALIDATION in your facts. I was correct in everything I said - Marquees most attractive land - $3.5 million + a well.

Bullboard Posts