OTCPK:WSRLF - Post by User
Post by
vindaloo_u2on Dec 01, 2012 10:22am
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Post# 20670300
snm vs wzr
snm vs wzr SNM's profit oil will be 2.70 per barrel produced on their block while wzr's will be around 5.60....this takes working interests into account but doesn't calculate any heavy oil discount for snm. I can't see snm being bought out for more than .60 cents/share in the near future. Their hype is that atrush is connected to shaikan from gkp. Our main hype would be that the kurdamir oligocene (high quality light oil) will be highly productive over half of the block as well as partially on garmian. Looks as though taqa wanted the operatorship and were most likely pißßed off with virtually no progress (1 well spudded) since they invested 14 months ago. Lord knows how many funds knew about this sale in progress for the past few months and hopefully they'll take the brakes off...chart has been laughable....has anyone seen a stock either drop or go straight up by 25% or more every few weeks?