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Tuscany Energy Ltd TSCAF

Tuscany Energy Ltd is a heavy oil development and production company with reserves, land holdings and production in Canada. Its is engaged in the exploitation of oil resources in Alberta and Saskatchewan through horizontal drilling.


GREY:TSCAF - Post by User

Post by qwqwon Aug 27, 2014 10:21pm
196 Views
Post# 22884715

Q2

Q2Q2 Cash flow = $2.5 mil. Tuscany is trading for 2 X CF ????????
The last Macklin well drilled in March paid for itself in only 4 months ????????
The next thing you know old Jed's a millionaire ....

"Tuscany completed a 100% interest Macklin well in March, 2014 which was placed on production in March, 2014. This well has been the most successful well in the pool to date and in four months has produced approximately 20,000 bbls averaging 165 bopd."

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