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Cuda Oil and Gas Inc JNEXF

Cuda Oil And Gas Inc is a Canada based company. The main activity of the company is oil and natural gas exploration, development and production in the Province of Alberta, Canada and in the State of Wyoming in the United States. It derives revenue from the sale of Crude oil, Natural gas and Natural gas liquids, of which a majority of revenue is earned from the sale of Crude oil.


EXPM:JNEXF - Post by User

Bullboard Posts
Comment by BigBenon Jan 09, 2017 12:02am
176 Views
Post# 25681839

RE:RE:Business model

RE:RE:Business model If they can extract more than  200 bpod like at #4 ,  that should be considered as good.

What I want to know is why they will start drilling #6  without doing the production test at #5. 

Like previously posted, my guess is that they can roughly estimate the production from the data already collected. They are just waiting for the exploitation permit to minimize cost and maximize profit from the production test.
Bullboard Posts