Border Petroleum Ltd BOPFF

Energy Oil & Gas E&P

Border's new growth strategy is to target oil and gas assets that are characterized by reservoirs with proven reserves with low recovery factor to date. These assets allow for low risk development opportunities to increase production, cash flow and add reserve value. Border's corporate strategy will in return increase shareholder value and help build a strong stable cash flow and balance sheet.

GREY:BOPFF - Post by User

Border Petroleum Ltd

Bullboard Posts

Comment by slope20on Apr 25, 2012 11:24pm

224 Views

Post# 19837182

RE: RE: RE: RE: RE: 2.5 million shares sold

Management should be keeping this bottled up to be fair to all ; and to make sure there are no potential recriminations (sic).

These wells can take a while to clean up ( ie. recover the majority of the frac fluid: to put it in perspective, the completions could be using upwards of 4-5 thousand bbls of water on the shorter laterals)..they may not see oil for a while..or they may see oil with high W/C's.. Making a statement on performance right now would be inconclusive.

Making a statement that the fracs were operationally effective would be good, but that"s not what investors want ( unless it's a train wreck on the completion).

Slope

Bullboard Posts

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