Post by
pabaloo on Jul 18, 2017 10:21pm
New Production
Next week or so an announcement should be coming about another 200 barrels of production from the newly fracted well and then or 3 weeks later another hundred or so which should bring production up 1300 or so. Almost back to past production. Too bad the price is half need 3000 barrels a day in my opinion to make any money.
Comment by
xmaster on Jul 20, 2017 1:24am
so why is stock going up and why are you posting if you think it is a sell? are you shorting this?
Comment by
BrokerG on Jul 20, 2017 9:34am
Not sure who you are posting too since I have many on ignore but the stock is increasing in anticipation of simulation results and higher oil.
Comment by
xmaster on Jul 20, 2017 10:46am
old friend Pabaloo came out of hibernation with following quote: Next week or so an announcement should be coming about another 200 barrels of production from the newly fracted well and then or 3 weeks later another hundred or so which should bring production up 1300 or so. Almost back to past production. Too bad the price is half need 3000 barrels a day in my opinion to make any money.
Comment by
BrokerG on Jul 20, 2017 10:55am
I guess anything is possible. However past wells and the expectations for these wells are much higher than Pablum's predictions. Looking at 300-350 boepd per well
Comment by
BrokerG on Jul 21, 2017 9:31am
Glad to see your still around wittman. According to our CEO Wolf, Exxon surrounds our property. Any likelihood in Exxon picking us up? Is it even worth it for them
Comment by
xmaster on Jul 21, 2017 10:08am
well quoting was worth it and I only did in response to Broker's question.....atleast it brought you out of hibernation :D on a separate note, is any of you buying cryptocurrencies?
Comment by
wittmann on Jul 28, 2017 10:07am
Still here.Yes it's a very real possibility for a buyout.But first the company has to get oil flowing.And prove what they have.It could take years for a buyout though.I'm just stating the obvious here..in that value must be proven.
Comment by
BrokerG on Jul 28, 2017 10:19am
I agree. Talking about value, it has been over 2 weeks since the simulation was to begin. Let's hope we hear something soon on the first well