GREY:ROAOF - Post by User
Comment by
rfk67on Sep 11, 2005 2:40am
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Post# 9536251
RE: OIL'S new block
RE: OIL'S new blockDrill Brenda, it's the bird in the hand, it's the cash flow, it's the legitimacy for some very big money that won't even look at companies with no hard cash flow and production numbers, and like Schachter said it's the company making play.
As good as they may sound wildcat wells are still wildcat wells and a disappointment isn't what OIL needs when the safety and security of Brenda is just sitting there. Besides if rigs are at such a premium then the other opportunities can wait until we decide that it's time for us to commit to them.