Post by
ROIHunter on Jun 29, 2015 11:27am
JEM News
Steady production and one well fracted, should be moving soon.
[url=JEM News]https://www.jagercorenergy.com/index.php?option=com_content&view=article&id=76:cumulative-production-from-catriel-oeste-field-reached-26-459-barrels-of-oil-generating-net-proceeds-estimated-in-cad-1-4-million&catid=8:news&Itemid=118[/url]
Comment by
PrivateEquity1 on Jun 29, 2015 1:51pm
Nothing really new. The fracted well was the one that started lagging. Decent production numbers for three wells and that alone should have this at a higher sp, say .10ish. Until they get going on those other five wells and announce another major contract this may sit and do nothing for a while.
Comment by
cashmoney88 on Jul 01, 2015 9:36am
They are in a good position! As much as I want to see them drill more wells there is no need to rush into it given the state of the current market! Just continue to pull in cash off these three wells wait for a good deal or the market to improve! No brainer at this price! Build a position and wait it out!!