RE:g RE: RE: RE: RE: Good news out on SNM Yes things have changed with SNM but the one thing that we should remember is that , as their new release stated the "significant find " of oil at the Atrush 1 well, is what propelled SNM to its highs of the 1.40 range. Yes they also had interests in 3 other blocks but they were unproven. Now SNM in my opinion is doing what they should of done before, take their money and develop the Atrush block which has a proven oil find, one that is listed in their corporate presentation of having the potential of producing somewhere between 6000 to 10,000 bopd. Bring Atrush to production, prove up resources and then move on... I agree with the poster a few messages back that since they sold their interest in the Taza block and have now become a one trick pony, a buyout somewhere down the road once Atrush is developed ....Again this is only my opinion. Do your own DD...
Hoping for the best when the test results are released on all 5 zones of the Atrush2 well..