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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Stream Oil & Gas Ltd SOGAF

Energy Oil & Gas E&P


GREY:SOGAF - Post by User

Stream Oil & Gas Ltd
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Post by frankythetankon Feb 19, 2013 10:16am
409 Views
Post# 21009306

Huge news

Huge news

That means the horizontal drilling will be financed by forward selling the gas.  Plain and simple.  This is huge news!! Second quarter there will be lots of additional revenue.   I agree would be nice to see the production numbers but if you want stream to produce 6000-10000 BOE then this contract and gas sales is way more important then current production. 

     The other good news is the price of the gas that will be sold.   $8.95 IS ALMOST DOUBLE THE NATURAL GAS PRICE WE HAVE IN NORTH AMERICA.  Cheers investorss

Tank

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Dealroom for high-potential pre-IPO opportunities