GREY:BEEHF - Post by User
Post by
kroweon Sep 28, 2012 6:46am
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Post# 20423665
Commentary - Post Drilling News
Commentary - Post Drilling News Expert Analysis
Garett Ursu, Cormark Securities (9/27/12) "Anatolia Energy Corp.'s focus will now turn to stimulation operations at Bismil in Q1/13 and developing new drilling targets for next year. . .with a large land base, low risk conventional portfolio and exposure to material shale oil potential in Turkey, Anatolia still provides investors with upside many times greater than the company's current stock price and market capital."
Bill Newman, Mackie Research (9/26/12) "Anatolia Energy Corp. announced that the Guvenir-1 exploration well on the Antep license in Turkey (50% W.I.) failed to encounter the Dadas shale; the well did intersect an uphole section with hydrocarbon shows. This newly identified section could be analogous to similar source rock intervals and producing horizons found in northeastern Syria. . .the Guvenir-1 well was drilled ahead of schedule and significantly below budget at a net cost to Anatolia of $2.5M."