Post by
leakeybill on Apr 14, 2006 9:12am
Find is on a tear
Find is a great purchase especially now with the gas prices low, there is not much chance that gas will get cheaper, however there is a lot of room for upside on gas. I believe they are sand bagging their current production number and will never say the word actual always an extimate. However they want to keep the momentum going. There is a lot of gas tested and simply sitting waiting to come on, I talked with burmis and they told me there is on big well that has yet to come on, however all of these are pretty good. I knew they we active in the land sales and there is another block of land just west that my guess is they picked up the whole thing, will know as soon as the license a well.
Looks like Find will be north of 8000 boe in the 4th quater and if they took out burmis which will likely be about 3500 they could trust themselves.
All upside and this looks good. Has anyone heard the price they are getting for the frac oil???
Comment by
culverd on Apr 14, 2006 12:16pm
any thoughts on burmis i have it and find but burmis seems relatively cheaper currently