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Bullboard - Stock Discussion Forum Petro One Energy Corp CUDBF

GREY:CUDBF - Post Discussion

Petro One Energy Corp > drilling fund?
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Post by Larry1952 on Oct 06, 2014 3:14pm

drilling fund?

so the full drilling fund is expected early November? If they get the restructuring completed to complete the PP then they are good for the drilling fund as well?
Comment by Larry1952 on Oct 06, 2014 3:19pm
once they complete the PP are they ready to start drilling or when they get the drilling fund?
Comment by EddieMoney on Oct 06, 2014 3:24pm
Stupid Question: Im not familiar with oil drilling in alberta, so my question is do they drill during the winter? Or would the ground be too frozen to drill? Dont eat me for asking the question if you think its a stupid one. Just want a logical reply please.
Comment by investderp on Oct 06, 2014 3:27pm
It's only a stupid question because they don't have any properties in Alberta...
Comment by riainp on Oct 06, 2014 3:27pm
Yes they do.
Comment by EddieMoney on Oct 06, 2014 3:34pm
Sorry Saskatchewan, wow that was bad haha
Comment by riainp on Oct 06, 2014 3:49pm
*Yes they do drill during winter. I thought it was a non pop question.
Comment by EddieMoney on Oct 06, 2014 3:54pm
It wasnt really a POP question, but the answer qwould clarify for me if POP  was going to be sitting around for 6 months or not, needed to know for investment reasons.
Comment by Money151 on Oct 06, 2014 4:02pm
POP will prob start drilling in Nov as winter is a very good time to drill for oil out there.
Comment by speculator on Oct 06, 2014 4:04pm
POP is a dog. 
Comment by kha341 on Oct 06, 2014 4:36pm
No POP is not a dog. The PP is at 25 cts and today's closed at 29.5 cts. The 29.5 cts price is unexpedly low as compared to previous days or as compared to the hype / expectation of this board but it is still higher than the PP. There is no reason to doubt the PP closing tomorrow. Imo, it will be closed. But don't forget that the PP will only provide the funds to start  a drilling ...more  
Comment by Flashstocktrade on Oct 06, 2014 6:29pm
Hey spec......then why are you here.??????....hahahaha that's what I thought......
Comment by greenT on Oct 06, 2014 3:36pm
drilling is full swing during the winter in Alberta, up to March when spring breakup starting ... 
Comment by greenT on Oct 06, 2014 3:37pm
same for SK ... 
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