GREY:CUDBF - Post by User
Comment by
GreatSwamion Aug 11, 2014 3:34pm
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Post# 22829650
RE:RE:RE:RE:RE:RE:12 wells x 147bopd = 1,764bopd
RE:RE:RE:RE:RE:RE:12 wells x 147bopd = 1,764bopdHi poise - thank you for the information. I well remember that old discovery down in Dickinson county and the phenomenal (?) flow rates. But that was a very deep play in the deep part of the basin and things were cookin as they say. I have seen dozens of Lodgepole cores from along strike in that greater Wapella Moosomin country as part of my due diligence for another company project so I think I have some idea what this Lodgepole must look like here? (Chalky, microcrystalline dolomite with lots of cherty masses? And the oil staining is like looking at the flank of an appaloosa horse... All patchy and blotchy)
Be interested in hearing your waulsotian mound story - if you would not mind sharing it? Inbox me if you wish?
The one fella here did make what seems to be a cogent argument about credentials - and he is of course quite correct - you have to be very careful about what you learn on these BBs and just exactly who has credibility and who has not... But it may not always be quite as cut and dried as he claims? I remember very well investing in a company on just such a basis - it was a company that Jim Buckee the former head man at Talisman became a board member of. I thought along the lines of my esteemed fellow poster that after all if it was good enough for him to put his name and reputation to - it would be good enough for me. However it turned out to be a monumental non-event and I doubt that I will ever recover my smallish speculation?
So his premise is flawed at best and weak - or just plain dumb - at worst. The honorable fellow he mentioned is just like every other begger out there - he will get a crumb where he can find one... And getting a whole bunch of "in the money" options repriced even lower works just fine!
I am sure that there is some possibility of something good on at least one or two of their properties - but I have looked very very carefully at these properties now - I know many of the particular plays involved in a whole lot of detail - as I surmise that you do - and I really cannot see it? and it looks like even POP management tried and failed here even as they roped ARC into Bromhead for something that was really a non event? Mind you they took the GORR there which was a smart move - that in itself is a no lose proposition but it shows how little faith they have in their own projects?
..and that truly is all I need to say about that!
GS