GREY:WFREF - Post by User
Post by
ajee333on Aug 18, 2014 2:24pm
496 Views
Post# 22852635
Their gains
Their gainswere offset by other depletions and unrealized gains on financial derivatives. They snuck it in the report. The other thing was that they had a bigger cashflow but not really a bigger earnings per share. I think that down the road when their other components start contributing to the bottom line, like the Basin property, new wells, projects at Peace River and Redwater , and obviously the Crocotta acquistion, it will take off. They have to refine what they have now, no more expanding and really start increasing profits. The only thing some people may know is the quality of land where they are drilling may be poor or had previous bad tests. Any thoughts?