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Border Petroleum Ltd BOPFF

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

Bullboard Posts
Comment by slope20on Jan 31, 2013 1:13pm
281 Views
Post# 20918542

RE: RE: There may be news from the company later t

RE: RE: There may be news from the company later t

https://www.energy.gov.ab.ca/OurBusiness/1075.asp

To answer the queries on the source of this data, I provide the link above. You may have to find someone who has an account with the PRA, as I did.

The way it was relayed to me is that every operator is required to report production volumes to Alberta Energy by about the third week of every month. The values you see are what BOR reported, and to which facilites the product was taken...

It appears to be a lot of water, but I cannot say how much is frac fluid produced, and how much is formation water. I put this out there with the caviet that you need to make your own call on it's relevance at this point..

slope

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