GREY:SMBZF - Post by User
Comment by
smarter_of_moron_idiot_imbecileon Apr 28, 2013 4:11pm
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Post# 21311584
RE: RE: RE: If SMB should rally at all..
RE: RE: RE: If SMB should rally at all.. Iona now has 2 producing fields, Huntington and Trent and Tyne a gas field, they went from 0 production to now around 8-9K boepd currently, including Huntington gas. Gas sells for $12 USD per MCF in the UK, 3-4 times what it fetches in the U.S. Plus their Huntington oil gets a premium over Brent because of its light sweet quality. And Huntington produces over 90% crude oil, 10% gas... Versus a hope, a wing, and a prayer... hahahahahahahaha!!! I think Johnny said it best: I fell into a burning ring of fire! It went down, down, down, and the flames went higher! and it burns, burns, burns, the ring of fire!!!