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Quattro Exploration and Production Ltd QEXXF

Energy Oil & Gas E&P
Quattro Exploration and Production Ltd are principally engaged in the business of exploration and development of oil and natural gas reserves in Western Canada and Central America.


GREY:QEXXF - Post by User

Quattro Exploration and Production Ltd > Um... What?
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Comment by elgaveenoon Jul 07, 2014 12:58pm
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Post# 22721667

RE:RE:RE:RE:RE:RE:RE:RE:Um... What?

RE:RE:RE:RE:RE:RE:RE:RE:Um... What?Will check out PXT.
QXP does not appear to have any partners on these wells. They are 100%. so they are drilling 100% of 23 wells of a 60 well program, if I read the release (in)correctly. They could not get to their production numbers at ony a 38%
The backbone of the whole growth program is the Wabiskaw (8/40). Let's see how long it takes for them to show investors the economics on that play.
I looked at the 2 Sask properties. Ther are no economic wells drilled there. Bashaw is on high volume lift, less than 4% oil. when that goes down, they will have ot look atht he expense of retooling.
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