RE: RE: RE: RE: news i don't know about the 1 or 2 year thing.the promo to me hints at a takeout.
latest production #s and success at the newest shallow well (if drilled yet) will determine that.
inclusion in the top 50 is a nice pat on the back but to me it's like mutual fund disclaimers-past performance is not indicitive of future...........yada yada.
that said,north of a buck twenty certainly seems possible here short term.if the press starts to sound desperate or becomes less frequent then there is going to be a problem.i think that arw has a lot of eyes on it from other small or 'new' co.s out there to see if this type of model works.
the investment houses must be comfortable with it(or just agreed to play along) but the hush hush about the jv partner,well locations,and actual spud dates bug me.there is a reason for it and might become part of the new norm as above.explanations in due time i suppose.
now lets make some money before break-up (looks like it's coming early this year-hope for a dry spring).
good luck all