GREY:DONYF - Post by User
Comment by
Footlong1on Mar 06, 2014 12:26pm
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Post# 22289573
RE:RE:RE:RE:revxm
RE:RE:RE:RE:revxmThat's the way I see it...the higher than expected H2S levels will delay things a little and takes a % or two off the operating margin, but this will only have a marginal impact on the IRR of the property. There is a very good chance that this will be a discovery well once the dust settles. From what I can see the well is in the middle of nowhere so obtaining a flaring permit should be quick and easy. In my opinion this stock is now oversold and will be on sale for the next little while.