RE: pou results out wow check them out!!!Thank you fijne. As I recall POU actuall had a higher CF in Q1 than PEY. It has gone through quite an extensive reorganization that has improved its balance sheet, reduced its operating costs and set it up for a high growth phase. The farmouts with anadarko have yielded very significant discoveries. One well P-16 is right next to a pipeline and will not take long to tie in. Of the wells in the arrowhead area 2 were deep discoveries and one was a shallow discovery and two could not be completed before the break up. It is worth mentioning that Chevron well K-29 in the same general area had initial production of 75 mmcf/d and after 3 years is still producing at over 40 mmcf/d. The P-16 well is most likely tapping the same play. I don't know what POU will do tomorrow or the day after, but in the long term it is going to prove to be an excellent investment.
As for NUS, I will let go at the offered price. Can't complain about a profit.