RE:good time to own AAV, advantage to advantageDidn't you say a few weeks back that you sold out of your position & had a call with Mah about drilling for Oil?
Fess up, don't claim to be in now after it's popped.
Wildcattter wrote: this is Mah showing value creation at aav... stand by, he has more levers to pull..
they have Progress, a land block with big oil flowing wells.. a new pool.. pretty big, for sure 12 miles.. across their land block.. out the east another 10 miles from results for both TOU and KEL drills there. thiose wells have cumed 100k boepd and not 2 years old... aav could and should re-direct more money to Progress to bring up oil production and yes it will lower gas production for a year.. so.. 250 Mmcfd not over 300) but cf comes from oil.. and condensate.. so Valhalla has both, big oil wells on it.. see surge oil .. and big condy in AAV wells... 1500boepd wells.. really nice monsters
He could sell the plant to Topaz ( might fetch $2 a share).. if TOU does not want the production for some reason.. spin to ARX.. they surround the land anyway. (300+mmcfd is worth?? $2 easy,,,
there is over $5 value here, lets get to it..