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Caza Oil & Gas Inc. CAZFF



GREY:CAZFF - Post by User

Comment by naga00on May 10, 2015 3:29pm
224 Views
Post# 23713170

RE:WTI above $67.

RE:WTI above $67.have know Idea what you are talking about! WTI is around $59/barrel- so talking about 67 wti is senseless ! Keep in mind with 3500+ wells that are waiting to be fracked and the possibility that the creature in the WH will bend over to the Iranians-- the floodgates of Oil could flow from his policy and all these to be fracked wells add to a top in WTI! We could see 67 wti only if event happens in the Middle East. I have a huge position in cazff and not sure how they will pull a rabbit out of their hat except if they sell "cherry" acreage! Not sure Apollo will go for that because they are owed some $50 million. We are going to have to wait 6-12 for caza and not sure of their survival as a stand alone . I believe we have value and even at a fire sale that our shares are worth double to double and 1/2 the current level at a buyout Still for most of us we will still have a huge loss. I don't blame management- everyone was caught by surprise. Consider the problem that Apollo has-- billions loaned to Oil and Gas companies.
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