DRILLING RESUMED !!!!
As the company had said, drilling starts again in Q4 with 1 rig...the details of the new well are below. Based on their excellent results thus far, we will see at least IP-30 550 boepd which is very typical for its wells. The PEAK could be again higher than 3,000 boepd (!!) like in H1 2012. Horizon Drilling is a subsidiary of Western energy services (WRG).02/04-19-063-09W5/0 SECOND WAVE HZ 102 JUDYCK 4-19-63-9 0449706 A0KC Horizon Drilling Inc. 39 08 Nov 2012 01:33:00 PM St. Albert A20X Second Wave Petroleum Inc. Drill To LD
When I bought ARN at 70 cents all were mocking at me...all my posts are at ARN board.....
Now ARN has 1.25 just 40 days later.....
I am also a storng believer based on FUNDAMENTALS and FACTS that SCS is dirty dirty cheap currently. We will see.
THe BIDDING WAR has started again in BHL after PETROBAKKEN news yesterday....
SCS can not stay far from it as it sits on the SWEET SPOT.....
ARN does not.......